-【Replay】-
There is no post on Saturday and Sunday, so I will skip the review part~
-【Today's Market Analysis】-
Old Wine Trading Diary: Daily Interpretation 5.27
① Intraday ultra-short-term pressure: 68800
If the big cake wants to continue to rebound, it must stand at 68800 today. Otherwise, it is not ruled out that the big cake will start a deep wash again.
② Intraday ultra-short-term support: 68000
If the price falls below the previous low of 68128, it will come to the 68000 line. If it falls below this level again, it will probably find support between 67500-67700 and rebound at the hourly level.
Summary: It is in a 4-hour level retracement. There is no signal of the end of the retracement for the time being. We still need to pay attention to short-term risks during the day. However, the general direction is still dominated by bulls. For this reason, low-long can be done. High-short needs to be attached to the key pressure position and set a stop loss to execute.
-【Digital Currency News】-
Donald Trump has declared that the United States cannot play “second place” in the cryptocurrency industry.
Former U.S. President Donald Trump said the United States cannot rest on its laurels in the cryptocurrency industry. “Our country must be the leader in this space, there is no second place,” Trump declared in a May 25 post on Truth Social, a social media platform owned by Trump Media & Technology Group (TMTG). “I am very positive and open to cryptocurrency companies and everything related to this emerging industry,” he claimed. He then took aim at current President Joe Biden, against whom he will compete in the 2024 presidential election, which is scheduled for November 4.
Trump’s recent positive stance on cryptocurrencies has raised expectations in the cryptocurrency industry that he could win.
According to New York-based cryptocurrency prediction platform Polymarket, Trump has a 56% chance of winning the election, while incumbent President Joe Biden has a 38% chance.
Earlier, Trump announced that his presidential campaign would accept cryptocurrency donations. On May 21, Trump's 2024 campaign team said that it had launched a fundraising page where eligible people can donate in cryptocurrency using the Coinbase Commerce product.
In addition to publicly declaring his positive attitude towards cryptocurrencies, Trump has reportedly met with cryptocurrency enthusiasts.
Cointelegraph recently reported that those who purchased Trump’s “Mugshot” non-fungible token (NFT) had the opportunity to have dinner with him at Trump’s Mar-a-Lago estate on May 8.
The dinner was part of an agreement to purchase a digital trading card featuring his mugshot taken when he turned himself in at the Fulton County Jail in Georgia.
Personal point of view, only for reference
