Trump may become the first cryptocurrency president in history, and the golden age of cryptocurrency is coming. People are particularly eager to see him fulfill his promise made in July to establish a national Bitcoin reserve.
Senator Wicker has also proposed a "Bitcoin Act" that requires the United States to accumulate 1 million bitcoins within 20 years, with the goal of owning about 5% of the total supply. She believes that "it will help consolidate the dollar's position as the world's reserve currency and can be used to significantly reduce the national debt."
The current prediction of the gambling market for Bitcoin reserves is that there is a 64% probability that it will land next year. Of course, the actual situation is much more complicated, and there will be great resistance from both the Senate and the House of Representatives, and a relatively higher priority should be legislation on cryptocurrencies.
Once the United States establishes a national Bitcoin reserve, it will trigger a rush by various countries to establish reserves first, and the market value of Bitcoin will get closer and closer to gold. $BTC #市场回暖新机遇

New Brother is here again to give out Bitcoin red envelopes to the brothers,
Ten thousand red envelopes, so that all the brothers can have Bitcoin.
Wishing the brothers prosperity and financial freedom together with New Brother.

Speculative behavior in the US market has reached extreme levels: for every $1 of leveraged short ETFs, there are nearly $12 of leveraged long ETFs, which is the second highest ratio in 14 years. Investors are generally bullish. Is this the frenzy of a peak? Notably, this is occurring after three years of quantitative tightening (QT) without the implementation of new quantitative easing (QE).
Believe in something, but be cautious. When it comes to Bitcoin (BTC), remember the golden rule: avoid buying in excitement and selling in panic. Staying calm and making informed decisions is crucial for long-term success. Notably, by the end of 2024, the probability of Bitcoin reaching $100,000 has dropped from 95% to 66%.
In this situation, is there opportunity or risk? $BTC #山寨币走势展望 #市场波动，加仓还是观望？

Recently, the volatility of BTC has been greatly affected by the macro economy, especially the policy dynamics of the Federal Reserve have had an important impact on market sentiment. According to the forecast in the latest FOMC meeting minutes, the Federal Reserve may cut interest rates by 25 basis points again in December. The market is particularly concerned about the future policy direction. At the same time, BTC has rebounded between important support and pressure levels, and there is still room for long and short games in the short term. Pay attention to PCE data in the evening-the inflation indicator of the Federal Reserve. If it is too hot or too cold, the market will be nervous. If the expectation of interest rate cuts is changed, BTC may respond.

Highlights of the FOMC meeting minutes yesterday:
Tend to gradually cut interest rates and be cautious about policy easing. Some members advocate maintaining restrictive interest rates if inflation persists. The uncertain neutral interest rate complicates policy assessments, leading to a more cautious strategy.

BTC trend analysis: support is not stable, shorts are not exhausted
Pressure level: 93600, 94800
Support level: 90300, 89000, 87200
The current market is in a small rebound stage, but the overall downward trend has not changed. The hourly line shows that BTC still has a certain rebound demand, but the upper 93600, 94800 area is the key suppression level, and it is necessary to pay close attention to whether its top and bottom conversion is established. If it can break through this pressure level, it may continue to explore in the short term.

Opportunities are hidden in the shock, and flexible response to the long-short game
BTC is oscillating at a high level, and there is still room for rebound in the short term, but the overall short trend has not changed. The current market is in a stage of alternating long and short positions, and it is necessary to pay close attention to the key support and pressure positions, and adjust the strategy in combination with the dynamics of macroeconomic policies. In operation, it is particularly important to maintain flexibility and do not chase the rise and sell the fall.