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The results of the US election on November 4 are coming soon, let's briefly discuss the impact of two possible outcomes on the cryptocurrency market.
Outcome 1: Trump is elected.
1. The new Republican Party platform will become more important: ending the US government's crackdown on cryptocurrencies, defending the rights of Bitcoin and cryptocurrency mining, self-custody, and trading freedom.
2. Trump will appoint a new SEC chairman, with three candidates who are favorable to the crypto space: Dan Gallagher (Chief Legal Officer of Robinhood, which fully embraces the crypto space), Chris Giancarlo (former CFTC chairman, nicknamed the father of crypto), and Hester Peirce (one of the current five SEC commissioners, nicknamed the mother of crypto).
3. The DOGE division will be officially established, and cutting the budget department will surely generate news, bringing Dogecoin's exposure to another level.
4. Short-term benefits of Trump-themed coins will be fully realized.
Outcome 2: Harris is elected.
1. The steps towards regulatory openness for the crypto space will not be as significant. Gary Gensler may become Treasury Secretary, and among the new SEC chairman candidates, only Chris Brummer is crypto-friendly, but being a law professor may lead him to be similar to Gary after taking office.
2. Trump may go to jail, Musk may be targeted, and companies in the crypto space that support Trump may face scrutiny, especially those that align with the knowledgeable king out of fear of SEC action, such as Kraken and Gemini. The aforementioned related concept coins may face a deep pitfall.
3. Harris's climate policy will negatively impact high-energy-consuming POW mining.
4. Overall, it should present another bottom-fishing opportunity similar to '94. After all, the Democratic Party and Harris's major backer BlackRock still want to expand Bitcoin ETFs and tokenization.
Outcome 1: Trump is elected.
1. The new Republican Party platform will become more important: ending the US government's crackdown on cryptocurrencies, defending the rights of Bitcoin and cryptocurrency mining, self-custody, and trading freedom.
2. Trump will appoint a new SEC chairman, with three candidates who are favorable to the crypto space: Dan Gallagher (Chief Legal Officer of Robinhood, which fully embraces the crypto space), Chris Giancarlo (former CFTC chairman, nicknamed the father of crypto), and Hester Peirce (one of the current five SEC commissioners, nicknamed the mother of crypto).
3. The DOGE division will be officially established, and cutting the budget department will surely generate news, bringing Dogecoin's exposure to another level.
4. Short-term benefits of Trump-themed coins will be fully realized.
Outcome 2: Harris is elected.
1. The steps towards regulatory openness for the crypto space will not be as significant. Gary Gensler may become Treasury Secretary, and among the new SEC chairman candidates, only Chris Brummer is crypto-friendly, but being a law professor may lead him to be similar to Gary after taking office.
2. Trump may go to jail, Musk may be targeted, and companies in the crypto space that support Trump may face scrutiny, especially those that align with the knowledgeable king out of fear of SEC action, such as Kraken and Gemini. The aforementioned related concept coins may face a deep pitfall.
3. Harris's climate policy will negatively impact high-energy-consuming POW mining.
4. Overall, it should present another bottom-fishing opportunity similar to '94. After all, the Democratic Party and Harris's major backer BlackRock still want to expand Bitcoin ETFs and tokenization.
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Dogecoin Makes a Comeback! Soaring 6% in March, Can DOGE Break Through the $1 Barrier?
March has brought massive funds to the entire cryptocurrency market. In recent days, some assets have started to move again, trying to reclaim lost gains. While Donald Trump's cryptocurrency-centered statements have garnered widespread attention, the community is still waiting for more news. The Dogecoin (DOGE) market is particularly optimistic. Can this meme coin hold up until then?
Dogecoin soars 6%
Bidding farewell to February's slump, OG meme cryptocurrency begins to rejuvenate. Despite a tough start in March, the asset has begun to recover. In just the past 24 hours, DOGE has risen nearly 5%. At the time of writing, the asset is trading at $0.2104. Earlier today, DOGE's price dipped to $0.1985.
Dogecoin soars 6%
Bidding farewell to February's slump, OG meme cryptocurrency begins to rejuvenate. Despite a tough start in March, the asset has begun to recover. In just the past 24 hours, DOGE has risen nearly 5%. At the time of writing, the asset is trading at $0.2104. Earlier today, DOGE's price dipped to $0.1985.
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Trump's Presidency: The Great Crypto President
March 1: Trump, f*** your mom
March 2: The Leader Changing Crypto
March 3: Trump, f*** your mom
March 4: That shot should have hit him in the forehead back then
March 5: I admit my voice was loud yesterday, Trump forever
March 6: Trump, you are my father
March 7: Trump, f*** your mom
After such a period of turmoil, congratulations, your position has become part of the U.S. crypto strategic reserve, directly allocated to the treasury. Thank you for your understanding and support! Thank you for your contribution to America!
March 1: Trump, f*** your mom
March 2: The Leader Changing Crypto
March 3: Trump, f*** your mom
March 4: That shot should have hit him in the forehead back then
March 5: I admit my voice was loud yesterday, Trump forever
March 6: Trump, you are my father
March 7: Trump, f*** your mom
After such a period of turmoil, congratulations, your position has become part of the U.S. crypto strategic reserve, directly allocated to the treasury. Thank you for your understanding and support! Thank you for your contribution to America!
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As of today, the probability of interest rate cuts in the Federal Reserve meetings for the first half of 2025:
March 20: Probability of no change in interest rates 94.0%, probability of a 25 basis point cut 6.0%;
May 8: Probability of no change in interest rates 66.9%, probability of a 25 basis point cut 31.4%;
June 19: Probability of no change in interest rates 25.0%, probability of a 25 basis point cut 51.3%.
PS: Compared to changes from last week, the probability of a 25 basis point cut in the May 8 Federal Reserve meeting has increased by about 10%, while the probability of a 25 basis point cut in the June 19 meeting has decreased by 1.4%. It can be preliminarily predicted that a 25 basis point cut is likely to be locked in during the May or June meetings, with the highest possibility currently observed for the June 19 cut, and the likelihood of consecutive cuts is temporarily low.
Ideally, a cut in June would be best; if there is a cut in May and no cut in June, there will definitely be a sharp decline in June-July, with the Bank of Japan's rate hike coming in July.
March 20: Probability of no change in interest rates 94.0%, probability of a 25 basis point cut 6.0%;
May 8: Probability of no change in interest rates 66.9%, probability of a 25 basis point cut 31.4%;
June 19: Probability of no change in interest rates 25.0%, probability of a 25 basis point cut 51.3%.
PS: Compared to changes from last week, the probability of a 25 basis point cut in the May 8 Federal Reserve meeting has increased by about 10%, while the probability of a 25 basis point cut in the June 19 meeting has decreased by 1.4%. It can be preliminarily predicted that a 25 basis point cut is likely to be locked in during the May or June meetings, with the highest possibility currently observed for the June 19 cut, and the likelihood of consecutive cuts is temporarily low.
Ideally, a cut in June would be best; if there is a cut in May and no cut in June, there will definitely be a sharp decline in June-July, with the Bank of Japan's rate hike coming in July.
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The altcoin index has not even seen a correction as deep as that in August 2024 up to today.
Of course, if the index level is considered to be of limited significance, I agree.
However, looking at the main narratives of this round, such as Aave, Sui, and XRP, a completely bear market does not hold water.
Most likely, even if BTC has a trend in the next wave, the concentration of alts will be even more pronounced.
It should still be very concentrated on a few dozen targets.
A broad surge requires caution about the end of the bull market.
Now, in a month, there are over a dozen coins on Binance, each with such a high market cap, where does so much exit liquidity come from? It's all a bubble.
Not to mention other tokens and on-chain memes.
Of course, if the index level is considered to be of limited significance, I agree.
However, looking at the main narratives of this round, such as Aave, Sui, and XRP, a completely bear market does not hold water.
Most likely, even if BTC has a trend in the next wave, the concentration of alts will be even more pronounced.
It should still be very concentrated on a few dozen targets.
A broad surge requires caution about the end of the bull market.
Now, in a month, there are over a dozen coins on Binance, each with such a high market cap, where does so much exit liquidity come from? It's all a bubble.
Not to mention other tokens and on-chain memes.
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I used to look down on the TRON chain and TRX. On one hand, I don't like Sun's style, and on the other hand, I thought TRON was just a low-quality chain, although it is indeed quite low-quality.
However, in terms of on-chain fees, TRON, which earns money effortlessly from USDT transfer fees, is undoubtedly the most profitable chain. The on-chain fees in the past 360 days reached $2.46 billion, which is not only higher than the leading public chain Ethereum's $2.02 billion but also more than twice that of the rising Solana ($1.02 billion).
TRX has performed well too, rising nearly tenfold from the bear market's low of 0.0453 to last December's high of 0.45. Although it doesn't compare to SOL, it is much stronger than ETH.
Indeed, the prejudices in people's hearts are like a mountain...
However, in terms of on-chain fees, TRON, which earns money effortlessly from USDT transfer fees, is undoubtedly the most profitable chain. The on-chain fees in the past 360 days reached $2.46 billion, which is not only higher than the leading public chain Ethereum's $2.02 billion but also more than twice that of the rising Solana ($1.02 billion).
TRX has performed well too, rising nearly tenfold from the bear market's low of 0.0453 to last December's high of 0.45. Although it doesn't compare to SOL, it is much stronger than ETH.
Indeed, the prejudices in people's hearts are like a mountain...
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Next few important events
(1) Number of people receiving unemployment benefits will be announced tonight at 9:30 PM
Predicted to be 235,000, which is a favorable outlook if higher than expected, and unfavorable if lower than expected.
(2) Non-farm payrolls and unemployment rate will be announced tomorrow night at 9:30 PM, which is quite important.
Non-farm payrolls predicted at 15.3%, unemployment rate predicted at 4%.
If unfavorable results appear, BTC may drop by more than 2%.
(3) At 2:30 AM on Saturday, Trump will host a cryptocurrency summit at the White House, where details about using BTC as a strategic reserve will be mentioned.
We speculate that it will also involve policies on tax reductions in the crypto space.
From on-chain data, the buying power for BTC is strong, with many withdrawals to wallets. A significant trend has formed over the past three months, so we currently maintain a bullish outlook.
(1) Number of people receiving unemployment benefits will be announced tonight at 9:30 PM
Predicted to be 235,000, which is a favorable outlook if higher than expected, and unfavorable if lower than expected.
(2) Non-farm payrolls and unemployment rate will be announced tomorrow night at 9:30 PM, which is quite important.
Non-farm payrolls predicted at 15.3%, unemployment rate predicted at 4%.
If unfavorable results appear, BTC may drop by more than 2%.
(3) At 2:30 AM on Saturday, Trump will host a cryptocurrency summit at the White House, where details about using BTC as a strategic reserve will be mentioned.
We speculate that it will also involve policies on tax reductions in the crypto space.
From on-chain data, the buying power for BTC is strong, with many withdrawals to wallets. A significant trend has formed over the past three months, so we currently maintain a bullish outlook.
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Meme markets are always accompanied by significant market trends; looking back, the previous MEME trends have always been like this!\n\nThere won't be a market trend without reason; shouting MEME season before a major market trend is likely just wishful thinking.\n\nThe market will gradually start, and March is the month of initiation, mainly to recover previous losses. Again, I emphasize: there will be a major market trend in the first half of the year, March is the month of initiation, and the initiation period is between 2.25-3.18, so find the right rhythm!
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Altcoin sector follows mainstream with a slight increase, not significant, waiting for stabilization before considering further action. TRUMP has not reached the expected bottom buying point, so patience is advised. Recently, there have been new developments on-chain, with BTC network's new platform Odin and SOL network's TIEM being quite interesting, worth paying attention to. For those already invested in altcoins, exercise patience while waiting for the market to improve.\nFundamental news: Blockchain summit held on March 7 by Tete.\nPrimary market information:\nPay attention to new on-chain developments, BTC network's Odin, SOL network's TIME.
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Shiba Inu ETF Rises: Why Shiba Inu Will Lead Market Transformation
Interest in exchange-traded funds (ETFs) has been steadily rising. Some companies have already entered the field through altcoins. While some companies have applied for ETFs of well-known altcoins like Dogecoin (DOGE), Litecoin (LTC), XRP, and Solana (SOL), Shiba Inu does not want to be left behind. It is reported that the community behind the meme coin network is pitching the idea of applying for a Shiba Inu ETF to companies like BlackRock and Grayscale Investments.
This is why the Shiba Inu ETF could change the game
Shibarium Updates disclosed several reasons why companies like Grayscale and BlackRock should launch the SHIB ETF in the United States in a recent tweet. In the post, community members emphasized why Shiba Inu could change the game for the industry.
This is why the Shiba Inu ETF could change the game
Shibarium Updates disclosed several reasons why companies like Grayscale and BlackRock should launch the SHIB ETF in the United States in a recent tweet. In the post, community members emphasized why Shiba Inu could change the game for the industry.
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BTC and ETH Market Analysis on March 6:
Today's Highlights:
BTC: 1-hour and 4-hour levels have returned to a healthy state, daily level has returned to a healthy state, intra-day consolidation is expected, long-term expectations remain, intra-day support is at 89000-90000, resistance is at 93500-94000.
ETH: 1-hour and 4-hour levels have returned to a healthy state, daily level is below a healthy state, intra-day consolidation is expected, intra-day support is at 2200-2250, resistance is at 2370-2420.
Today's Highlights:
BTC: 1-hour and 4-hour levels have returned to a healthy state, daily level has returned to a healthy state, intra-day consolidation is expected, long-term expectations remain, intra-day support is at 89000-90000, resistance is at 93500-94000.
ETH: 1-hour and 4-hour levels have returned to a healthy state, daily level is below a healthy state, intra-day consolidation is expected, intra-day support is at 2200-2250, resistance is at 2370-2420.
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If demand is still strong,
March has no reason to be too bad. At the end of February, a drop of 20,000 US dollars in a week has already accelerated the correction.
Successfully reduced the oscillation center from 97k to around 90k now.
The rhythm of the whole March will still revolve around the 82-95 range, with the center of oscillation continuing to move downwards.
Compared to the end of February, this is an oversold rebound, and it should be difficult to have another big spike.
The biggest test should be what direction this wave of rebound takes after the end of March, in the next two quarters, or even the final direction of the entire bull market.
In relation to the overall correction trend that started in October, we are now in an accelerated bottom-seeking period.
If I were to make a wild guess, the bottom should be in April, a second test in May, and the confirmation of the bull market in June.
789 is the final retreat of the bull market.
Is 78k the bottom? Subjectively, I don’t think so; objectively, it hasn't been confirmed yet. I’ll chase once confirmed.
Is there a possibility of an ultimate bear market? Of course, there is. All indicators are up now, and if they can't hold, it’s highly likely we'll enter a bear market, and we’ll know the answer soon.
March has no reason to be too bad. At the end of February, a drop of 20,000 US dollars in a week has already accelerated the correction.
Successfully reduced the oscillation center from 97k to around 90k now.
The rhythm of the whole March will still revolve around the 82-95 range, with the center of oscillation continuing to move downwards.
Compared to the end of February, this is an oversold rebound, and it should be difficult to have another big spike.
The biggest test should be what direction this wave of rebound takes after the end of March, in the next two quarters, or even the final direction of the entire bull market.
In relation to the overall correction trend that started in October, we are now in an accelerated bottom-seeking period.
If I were to make a wild guess, the bottom should be in April, a second test in May, and the confirmation of the bull market in June.
789 is the final retreat of the bull market.
Is 78k the bottom? Subjectively, I don’t think so; objectively, it hasn't been confirmed yet. I’ll chase once confirmed.
Is there a possibility of an ultimate bear market? Of course, there is. All indicators are up now, and if they can't hold, it’s highly likely we'll enter a bear market, and we’ll know the answer soon.
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Dogecoin (DOGE) Is Dogecoin About to Explode? Could It Hit $2.74 High!
Market sentiment seems to be shifting bullish. Among them, Dogecoin (DOGE), the largest and most popular meme coin globally, is attracting the attention of cryptocurrency analysts and experts. Experts have a bullish outlook on the DOGE Meme Coin.
Recently, a prominent cryptocurrency expert made a bold prediction on X (formerly Twitter). This expert expressed a bullish outlook and noted that DOGE has remained within an ascending parallel channel. Based on historical price momentum, if this meme token stays above $0.16, there is still hope to reach $2.74 or even $6.24 in the coming days.
Recently, a prominent cryptocurrency expert made a bold prediction on X (formerly Twitter). This expert expressed a bullish outlook and noted that DOGE has remained within an ascending parallel channel. Based on historical price momentum, if this meme token stays above $0.16, there is still hope to reach $2.74 or even $6.24 in the coming days.
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Most scams are controlled by shady operators behind the scenes, or they hold large positions. They are not in a hurry; after all, the worst outcome is that the scam doesn't make money. If most people are unwilling to cut their losses from the scam, the shady operators won't be able to collect enough chips. In that case, only those coins with high control will likely rise, for example, those that have already collected over 80% or 90% of the coins. It's easier to pull when the load is light; by then, when the price rises several times in a week and others realize it, they'll only be left to buy at a high price.
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BTC and ETH Market Analysis:
Today's Highlights:
BTC: 1-hour and 4-hour levels have returned to a healthy state, daily level is below healthy levels, intraday expectation is consolidation, long-term expectations remain, intraday support at 85000-86000, resistance at 88000-89000.
ETH: 1-hour and 4-hour levels are below healthy levels, daily level is below healthy levels, intraday expectation is consolidation, intraday support at 0550-2100, resistance at 2200-2250.
Today's Highlights:
BTC: 1-hour and 4-hour levels have returned to a healthy state, daily level is below healthy levels, intraday expectation is consolidation, long-term expectations remain, intraday support at 85000-86000, resistance at 88000-89000.
ETH: 1-hour and 4-hour levels are below healthy levels, daily level is below healthy levels, intraday expectation is consolidation, intraday support at 0550-2100, resistance at 2200-2250.
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The Meme Coin Frenzy Reignites! Can Dogecoin, WIF, and PEPE Stage a Comeback? Reach New Highs Again?
The cryptocurrency market currently presents a dual situation. On one hand, the market has suddenly surged, primarily due to Donald Trump's announcement of a cryptocurrency reserve in preparation. Shortly after the news broke, the market experienced a significant pullback, as concerns over a potential trade war loomed heavily over the market. Will this market embrace meme coins like Dogecoin (DOGE), DogWifHat (WIF), and Pepe (PEPE), helping them soar to new highs? Let's find out.
Three Major Meme Coin Price Predictions
1. Dogecoin (DOGE)
Currently, Dogecoin is receiving significant attention for two possible reasons. First, the token is expected to be added to a cryptocurrency reserve pool. If this happens, Dogecoin could soar to new highs without obstacles. Meanwhile, rumors about Elon Musk adding Dogecoin to X payments have also surfaced, sparking hopes among investors. Additionally, an upcoming crypto summit is expected to provide reliable momentum for the entire market, which could help Dogecoin stabilize its value slightly.
Three Major Meme Coin Price Predictions
1. Dogecoin (DOGE)
Currently, Dogecoin is receiving significant attention for two possible reasons. First, the token is expected to be added to a cryptocurrency reserve pool. If this happens, Dogecoin could soar to new highs without obstacles. Meanwhile, rumors about Elon Musk adding Dogecoin to X payments have also surfaced, sparking hopes among investors. Additionally, an upcoming crypto summit is expected to provide reliable momentum for the entire market, which could help Dogecoin stabilize its value slightly.
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If we are to carve out the second half of 2024
The current rebound after breaking is weaker than at that time It should rebound to at least 96+
LTH behavior is also not active
Looking back at that time, breaking below 92 LTH should stop distributing and slowly accumulate
But today it is still distributing Although the supply is decreasing, the overall distribution time is relatively long and demand is weak
over Continue to observe
The current rebound after breaking is weaker than at that time It should rebound to at least 96+
LTH behavior is also not active
Looking back at that time, breaking below 92 LTH should stop distributing and slowly accumulate
But today it is still distributing Although the supply is decreasing, the overall distribution time is relatively long and demand is weak
over Continue to observe
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Expected Thoughts:
This bull market is very difficult to operate, particularly challenging. As long as one doesn't take profits, it will basically be a roller coaster, and it happens very quickly.
However, everyone hopes for those months of altcoin quarters, where after taking profits, they fear missing out on further gains.
From mid-December's decline to last week's drop of Bitcoin to 78,000, the fear and greed index plummeted to 10, indicating that the washout was too severe. I believe the market makers should have finished collecting their chips in this wave.
Since last Friday and yesterday, there have been continuous announcements about the White House holding a crypto summit, and that ADA and others will be joining the strategic reserves. The main forces should start to pull up the market, but I am also quite worried that the main forces might use news such as tariffs to pull and dump at extreme levels.
This could lead to a situation similar to last year's market, where it rises quickly but also falls quickly.
On March 7th, after the meeting and Trump's speech, will the short-term positive news be fully released and turn into negatives, or will it completely ignite the crypto circle? It's hard to judge.
Currently, I hope that on March 7th, Bitcoin can recover above the 100,000 mark, and altcoins can have a decent rebound. Those who have consistently missed the profit-taking positions may consider withdrawing some principal and partial profits.
This bull market is very difficult to operate, particularly challenging. As long as one doesn't take profits, it will basically be a roller coaster, and it happens very quickly.
However, everyone hopes for those months of altcoin quarters, where after taking profits, they fear missing out on further gains.
From mid-December's decline to last week's drop of Bitcoin to 78,000, the fear and greed index plummeted to 10, indicating that the washout was too severe. I believe the market makers should have finished collecting their chips in this wave.
Since last Friday and yesterday, there have been continuous announcements about the White House holding a crypto summit, and that ADA and others will be joining the strategic reserves. The main forces should start to pull up the market, but I am also quite worried that the main forces might use news such as tariffs to pull and dump at extreme levels.
This could lead to a situation similar to last year's market, where it rises quickly but also falls quickly.
On March 7th, after the meeting and Trump's speech, will the short-term positive news be fully released and turn into negatives, or will it completely ignite the crypto circle? It's hard to judge.
Currently, I hope that on March 7th, Bitcoin can recover above the 100,000 mark, and altcoins can have a decent rebound. Those who have consistently missed the profit-taking positions may consider withdrawing some principal and partial profits.
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Short-term FOMO scenarios that can make money: Enter early, run fast, and control your hands.
Enter early: You can discover the value of this asset earlier than most of the market, with high sensitivity and judgment ability.
Probability of running fast: You can identify top risks more quickly and pull out in time; the ability to control greed.
Probability of controlling your hands: You can avoid making random moves, wanting to buy everything when you get excited; extreme position management and risk management abilities.
Those who possess all three of these abilities are definitely in the minority in the market.
Enter early: You can discover the value of this asset earlier than most of the market, with high sensitivity and judgment ability.
Probability of running fast: You can identify top risks more quickly and pull out in time; the ability to control greed.
Probability of controlling your hands: You can avoid making random moves, wanting to buy everything when you get excited; extreme position management and risk management abilities.
Those who possess all three of these abilities are definitely in the minority in the market.
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TexasBTCReserveBill
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#TexasBTCReserveBill
Texas has recently made significant strides toward establishing a Bitcoin reserve. On March 6, 2025, the Texas Senate passed Senate Bill 21 (SB-21) with a 25-5 vote, aiming to create a Bitcoin and cryptocurrency strategic reserve for the state. Introduced by State Senator Charles Schwertner in January 2025, the bill was initially focused solely on Bitcoin but was later amended to include other digital assets following President Donald Trump's executive order on January 23, which directed a commission to study the feasibility of a "digital asset stockpile."
The legislation empowers the Texas Comptroller of Public Accounts to acquire, sell, and trade investments that a prudent investor would consider, positioning Bitcoin and other cryptocurrencies as potential hedges against inflation and economic volatility. The bill also allows for public donations of Bitcoin to the reserve and mandates secure storage and regular audits to ensure transparency and security.
This initiative aligns with a broader national trend, as President Trump has proposed creating a U.S. strategic cryptocurrency reserve, which would include major cryptocurrencies like Bitcoin, Ether, XRP, Solana, and Cardano. The federal proposal aims to position the United States as a leader in the crypto industry, serving as a hedge against inflation and enhancing the financial system's efficiency.
While Texas moves forward with its Bitcoin reserve plans, other states have exhibited varying levels of interest. States such as Arizona and Utah have advanced similar bills, whereas Montana, Wyoming, North Dakota, South Dakota, and Pennsylvania have rejected such initiatives due to concerns over Bitcoin's volatility and the potential risks to taxpayers.
Critics of Texas's plan argue that investing taxpayer money in Bitcoin could be risky, given the cryptocurrency's unpredictable nature. They caution that such a move might benefit the crypto industry disproportionately and could lead to taxpayer-funded bailouts if the market experiences downturns.
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