The decline of $BTC this time is different from the previous spike; this time the entity has broken below the upward trend. If it doesn't recover to 99,000 today, it will need to go down to 80,000 to fill the gap.

$BTC Now let's talk about the issue of the United States establishing a Bitcoin reserve. First, since Trump started running for election, he has been continuously expressing goodwill towards the cryptocurrency community. He understands people's hearts and knows what this community needs. Therefore, he won over this group of people even before Harris. It seems that there are more than 50 million players involved in cryptocurrency in the U.S. At the same time, the Trump family has also issued a large number of meme coins, making a substantial profit, which has allowed him to taste the sweetness and intuitively feel the charm of this community. Now he has confirmed his candidacy for the next president, and naturally, he needs to show his goodwill towards the crypto community, continuously expressing a bunch of plans he needs to implement once he takes office. Of course, he doesn't want any troubles during this transition period. Therefore, we need to think about some things during this process.
1. Bitcoin, as the number one in the crypto world, has a very high level of consensus, but as a virtual entity, a bunch of data, can it really be compared with physical gold?
2. As a strategic reserve for a country, this asset must have anti-depreciation and value-preserving properties in any scenario. Does Bitcoin, as a highly volatile virtual currency, hold this value?
3. For national reserves, the entry price must be very low. If it enters at 100,000 now, then Bitcoin at 100,000 will be at historical lows. Will the U.S. government help lift the fortunes of all Bitcoin miners, large holders, and institutions worldwide?
4. Trump was not friendly towards cryptocurrency during his last term. Is this sudden promotion of a series of policies a genuine affection for crypto, or is it a return for the votes of crypto players? Is it possible that it’s all just hot air with little substance?
Finally, I want to say that the mouths of politicians are deceitful. Benefits only come after policy implementation; before that, it's all just expectations. During the hype, it may seem promising, but when it lands, it may just be a mess. So always stay cautious and don't be swayed by the market's noise.

$BTC Now the short positions in the market are dramatically increasing; remember, it's a dramatic increase. The fees on major exchanges are starting to drop, nearing 60% shorts. However, at the same time, there is an inflow of 700 million USDT into exchanges. Bitcoin indicates that it also wants to drop, but there are too many shorts, and the capitalists won't allow it 😂. The upcoming market trend is likely to be a bull run led by Bitcoin alone. Besides BlackRock continuously buying, Michael has also been buying like crazy recently, constantly selling off company shares to hold Bitcoin, and now he is the second largest holder with over 400,000 coins. Many companies are beginning to follow his lead, throwing the risk onto the US stock market while holding Bitcoin themselves. Furthermore, the liquidity on major exchanges is now quite scarce, so even a small amount of money can cause a significant rise. In the short term, Bitcoin will be very strong; don't expect it to drop or get spiked. Once it stabilizes at 100,000, it will steadily rise from there with a solid foundation. In the next article, I will discuss the story of the US Reserve holding Bitcoin.

$BTC Shh, don't talk, another wave is coming, new high new high

Who did $BTC blow up again😂? Now Bitcoin contracts have really become a cash machine for those people on Wall Street. It's safer to play with altcoins; Bitcoin no longer belongs to the crypto world, but to capitalists.

Is this opportunity coming again, empty-handed $1000CAT ?

$BTC Air Force: Where can you find an Air Force that gets beaten and cries every day
Many troops: Sorry, the Air Force has to cry every day 😂
The current market is about institutions fighting for chips, giving retail investors a lift. As long as the leverage isn't too high, institutions are still willing to lift this sedan. As for why there's still a struggle for chips at this price, it's likely because of bets on a series of policies after Trump comes to power.

$ENA 1.64 short position, today's ena third wave, guess if I can still profit from it 😂

$MASK 3.62 I will advance a little more in the warehouse, this is not some trash coin, it only takes a word from Elon for it to rise, if it falls to 3, I will add more, just a little.

This month I plan to earn 300 dollars every day, hope I can achieve it, let's go!

$COW has been in a stalemate since this afternoon, and there hasn't been any movement at all. A nameless broken copycat contract injected 900 million USD and is just sitting here flat, the big players must have pushed it up themselves. I'm done with this, waiting for the 9 o'clock AVA contract, that's the real deal. It has increased 8 times in two days, there must be big funds and big fluctuations, let's take a gamble.

$BTC just took a stroll around the square, and what surprised me is that in just half a month, the big players have already cultivated a large number of bears, who believe that once it hits 100,000, it will drop. I don't know if it will drop or not, but I know the story of the boy who cried wolf. Respect the market, don't have habitual thinking, always maintain a sense of crisis, and be cautious when making trades.

This data confuses me a bit, 55% of the entire Bitcoin network is shorted. I understand the rise, but what is the situation with 1 billion dollars flowing out? Did all the profits from the surge and short squeeze get withdrawn?

What is this thing doing here drawing a snake?

According to the unilateral three-line method of the stock market, the current trend support level is at 93500. If this level is directly breached, then a daily pullback will come. Of course, the previous needle does not count. This unilateral three-line method is something I learned from a stock market teacher. Generally, in a unilateral uptrend, if the last line at the top of the daily chart does not surpass its height, then count three lines back from this line, marking them as 1, 2, and 3. The lowest point of the third line is the trend support line. If it does not break below this line, you can continue to hold; if it breaks, exit immediately. Conversely, in a downtrend, if the line at the bottom does not break the previous line, then count three lines back as well, marking them as 1, 2, and 3. If the top of the third line is not surpassed, it remains a downtrend. If it breaks, you can enter directly. Of course, market changes require a lot of technical analysis, and single analysis is insufficient to support decisions, so consider this as a knowledge point.

$BTC Oh, I objected

$MOVE Here’s a reminder for everyone, generally when a new coin is launched and hasn't been sold off, it indicates that the market makers have a large amount of stock. They don't need to sell off to absorb liquidity, so they will choose to manipulate the market directly upon launch. They just need to go long and then take profits, I just checked, the short positions are 4 times that of the long positions, and the rate has already reached negative 1.5. The rate is assessed every 4 hours, so the market makers can consume 9% of the total short position every day. If this situation is maintained for 11 days, the shorts will be completely drained just from the fees. If there are more shorts, the rate will become assessed every 2 hours, consuming 24% of the positions in one day. The market makers earn from the fees and the profits from their long positions, which they use to support the spot market, creating a positive feedback loop, and their inventory will keep increasing. Here, you can refer to TRB; this is a classic operation. Take a look at how the market makers turned 40 million USD into tens of billions. They consumed the fees for several months, earning over 2 billion from just the fees. In the end, they bought over 90% of the coins in the entire market. So, if you see a new coin being launched, don’t rush to short it. First, observe its trend and the positions of the big players before considering any trades, or wait until the market stabilizes before trading. This space is not for gambling; take care and cherish it.

Brothers, do you think the upcoming market will hit new highs or will there be a significant correction?

$1MBABYDOGE felt something was wrong, so I quickly bought a short position and got in and out in seconds.

With 41,749,582,839,100 million dollars, you can raise the price of a cryptocurrency by 4%. The bears keep entering the market. What are they thinking? Do they enjoy wasting money? There are a bunch of unknown accounts in the square shouting bearish, claiming that a crash is coming and that the whales are offloading. The reality is that the coin price is just making a normal adjustment, consolidating to cope with the overall market decline, waiting for the market to stabilize before continuing to rise. Follow the rise, not the fall. The whales hold 98% of the coins; do you still want to play with them? The last whale I remember held over 90% of the coins was TRB; you should see how it rose from 3 dollars to over 600 dollars.