Hello, fans and friends, welcome to the president's channel

Yesterday, Bitcoin started to plummet again, falling from 63,500 points to 6,000 points. As Bitcoin was affected by the US index released last night, a long negative line was formed. Yesterday, the US consumer confidence index fell sharply, and hawkish remarks from Federal Reserve officials followed one after another. The long-term phenomenon of high interest rates continues, triggering concerns about stagflation. The market has also turned into a bearish trend. (Stagflation - high inflation accompanied by economic stagnation) This is also within the president's expectations. The president can say with certainty that Bitcoin will continue to fluctuate in the future, and will rebound in the fluctuations, but the general direction The president can tell the brothers with certainty that it will bottom out again. It will also drop to around 5,800 again. Brothers, be cautious and cautious when doing contracts recently. Don't open orders blindly. In addition, many altcoins that rose before will also have another deep correction. Brothers, this correction can be said to be the last deep correction. Brothers, don't miss the opportunity, everything is ready except for a deep correction.

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Now the president will take the brothers to look at the relatively valuable information from yesterday and today

Azteco CEO David Bailey posted on social media that over the past month, we have been working with the Trump campaign to develop their Bitcoin and cryptocurrency policy agenda. We have proposed a comprehensive executive order for President Trump to sign on the first day. I will share these details with you soon and intend to raise $100 million in campaign funds to ensure that the next president of the United States supports Bitcoin. The president can only say that the United States is really open and caught people off guard. Can this president still support disguised bribery openly? It is true that you learn until you are old. But for the cryptocurrency industry, the president can only say that this is a favorable thing and a good thing. It is more conducive to the rapid development of the cryptocurrency industry. The next president of the United States will strongly support the encryption industry and will inevitably be a very dazzling existence.

There is another piece of news that the president thinks brothers can pay attention to

Coolpad Group has conducted a series of open market acquisitions through its wholly-owned subsidiaries, involving an amount exceeding 5% but less than 25% of the applicable percentage ratio, which constitutes a discloseable transaction under the listing rules. Specifically, from April 16 to May 8, 2024, 1,500,000 CLSK shares were acquired at a total cost of approximately US$23.84 million, equivalent to approximately US$15.89 per CLSK share; and from April 19 to May 8, 2024, 113,000 IBIT shares were acquired at a total cost of approximately US$4.03 million, equivalent to approximately US$35.64 per IBIT share. CLSK is a Bitcoin mining company incorporated in Nevada, USA, and its common stock is listed on the Nasdaq Capital Market. The business introduction of Coolpad Group mentioned that in addition to the traditional production and sales of mobile phones and accessories, the company is also actively exploring new business opportunities, especially in the fields of Web3.0 and digital currency. Yes, it is the Coolpad company that used to make mobile phones. Brothers, have you found the problem? More and more traditional industries and traditional companies are beginning to move closer to the web3 industry, because everyone is beginning to realize that this is an opportunity to overtake others.

In terms of contracts: The chairman's advice is still to go long at a low level in the long term, and don't blindly place orders in the short term. The precise position will be given in the community later. When the price of the big cake is around 58,000, brothers can boldly enter the rudder!

In terms of altcoins: Brothers can consider ambushing Ethereum Layer 2 appropriately, and try not to touch the contracts of meme coins, AI tracks, and altcoins. Spots must also be equipped with stop losses, and don't be too greedy, don't think about eating a fat man in one bite.
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