Table of contents:
7. #BTC Contract liquidation map, intuitively reflecting risk control positions;
8. #山寨指数 Trading analysis;
9. #山寨币 RSI overbought and oversold status.
10. Interpretation of fundamental hotspots: #特朗普 and the impact of cryptocurrency policies on BTC.
7. BTC contract liquidation map, intuitively reflecting the risk control positions.
According to the latest contract data, if the BTC price breaks above $103,000, short positions worth $1.365 billion will be liquidated.
If the BTC price falls below $92,520, long positions worth $2.226 billion will be liquidated.
These data intuitively reflect the risk control positions of the main funds and can serve as references for trading or entry. However, considering the Christmas holiday break for US stocks and futures markets, it is expected that traders will take vacations next, which may lead to a decline in trading volume and affect volatility.
8. Altcoin index trading analysis.
According to the indicators, the latest value of the altcoin index is around 49, which is in a balanced zone between bulls and bears, relatively close to the recent low of around 47. Many altcoins have seen price lows near the starting points around the US election. Overall, altcoins are relatively weak compared to BTC. However, this is not considered an extremely low position; generally, an altcoin index below 25 is a good entry point. If there are concerns about missing out on the market, one can start to enter in batches once it drops below the midpoint of 50, with positions built in a pyramid style.
9. Token RSI overbought and oversold status:
According to the CoinAnk RSI indicator filter, on the daily level, ZEN, MOCA, and UXLINK are in the overbought zone with recent price increases. If they rise to critical points or resistance levels, they may face corrections in the future; VANA, BAN, ACX, and THE are in or near the oversold zone after recent price drops. If they fall to significant support areas below, they may experience a rebound in the future.
Of course, overbought and oversold indicators are biased towards left-side trading strategies, which reflect subjective contrarian thinking of guessing bottoms and escaping tops. In contrast, the Matthew effect and right-side trading strategies are completely opposite, as the strong get stronger and the weak get weaker. Objective trend-following trading strategies may allow overbought and oversold tokens to continue their recent strong or weak trends.
10. Hotspot interpretation: The impact of Trump and cryptocurrency regulatory policies on BTC.
Since the US presidential election was settled at the beginning of last month, the cryptocurrency market has ushered in new development opportunities. Trump's re-election has brought significant changes to the regulatory environment for cryptocurrencies in the US, which is reflected not only in policy adjustments but also in a new trading frenzy in the market. This article aims to analyze the cryptocurrency regulatory policies after Trump's administration, combined with the latest news, to explore their impact on the cryptocurrency market.
I. Trump's Administration and New Cryptocurrency Regulatory Policies
Trump demonstrated a strong interest in the field of cryptocurrencies during his campaign and clearly stated after his victory that he would loosen regulations on the cryptocurrency industry. This stance resonates with the nearly $20 billion in cryptocurrency assets accumulated by the US federal government in recent years, laying a solid foundation for the advancement of the 'strategic Bitcoin reserve' plan. The Trump administration plans to clarify regulatory responsibilities to resolve the long-standing issue of cryptocurrency's jurisdiction in the US regulatory system, thus providing a clearer and more stable legal environment for the industry.
Against this backdrop, the long-suspended (21st Century Financial Innovation and Technology Act) (FIT 21) in the Senate is expected to receive new momentum. This bill aims to establish a clear regulatory framework for digital assets, and once legislation is passed, it will mark an important step for the US cryptocurrency industry in compliance regulation. The Trump administration has also nominated supporters in the cryptocurrency field for important positions such as the Chair of the US Securities and Exchange Commission (SEC), further highlighting its emphasis on and support for the cryptocurrency industry.
II. The Response and Opportunities of the Cryptocurrency Market
After Trump's administration, the cryptocurrency market responded positively and quickly. On one hand, cryptocurrency assets became core assets in the 'Trump trade', performing strongly and keeping pace with major US tech stocks. On the other hand, with expectations of a relaxed regulatory environment, the US cryptocurrency industry chain also welcomed new development opportunities.
Specifically, the rise in trading activity in the cryptocurrency industry is expected to benefit US cryptocurrency exchanges, driving further expansion of their business scale and market share. Additionally, favorable policies will also promote the growth of mining machine demand, bringing new development momentum to mining machine manufacturers and related industry chains. Furthermore, the development of the cryptocurrency industry will also benefit the US utilities sector, pushing it towards a more intelligent and digital direction.
III. Challenges and Prospects Facing the Cryptocurrency Market
Although Trump's administration has brought many opportunities to the cryptocurrency market, the industry still faces numerous challenges. First, the high volatility of cryptocurrencies remains a significant risk factor, which requires investors to maintain a rational investment mentality while enjoying market dividends and to manage risks effectively. Secondly, as regulatory policies become increasingly clear and implemented, the cryptocurrency industry will face stricter compliance requirements, necessitating companies to strengthen internal controls and risk management to ensure compliant operations.
Looking ahead, with the gradual advancement and implementation of cryptocurrency regulatory policies by the Trump administration, the US cryptocurrency market will welcome broader development space. At the same time, the global cryptocurrency industry will also benefit from policy changes in the US market, promoting further prosperity and development of the global cryptocurrency market.
We believe that Trump's re-election has brought new changes and development opportunities to the US cryptocurrency regulatory environment. With the combined push of policy support and market demand, the cryptocurrency market is expected to welcome broader development prospects. However, investors and companies must remain vigilant, rationally view market fluctuations and risk challenges, and work together to promote the healthy and stable development of the cryptocurrency industry.
