As Trump once again ran for the White House, the noise of many days finally began to quiet down. Bitcoin broke through the historical high position to around 75,500 points within a day, and a big positive line released the backlog of nearly five months. At this point, we can't help but ask whether Trump's election has pushed Bitcoin to a new high?
But that’s not entirely true. Trump’s election is just a catalyst for Bitcoin’s new high. As I analyzed before, even if Trump loses the election, after a short period of adjustment, Bitcoin will eventually reach a new high, and the bull market in the crypto market will continue. The so-called trend can only be affected by the external environment, and its essence cannot be changed.
Behind Trump, Musk, who put all his money into the bet, also won. He is the man closest to God in the world. Musk, who was born in South Africa, started his business at the age of 25, and was worth over 100 million before he was 30. He later joined Tesla and became its helmsman, and finally became the world's richest man at the age of 51. His great exploration of space exploration and artificial intelligence has become the idol of all technology men, including me.
Betting everything on Trump is his choice with no way out, just like we are deeply involved in the crypto market and are desperate to seek class leap. If we take a step back, we will be mediocre, but if we take a step forward, we may shine. Fortunately, we have won the first step of the violent bull market.
Then, we will wait for the index to be repaired after the new high of Bitcoin in the past two days, and the latest interest rate decision to be released soon. I have sufficient reasons to believe that the sharp drop of more than 20,000 points in the short term before August will no longer exist before the end of the cycle. The Ethereum exchange rate rebounded strongly after hitting the bottom, and the cottage industry began to collectively counterattack in a premeditated manner, which is a signal that this round of market is about to officially begin.
After Bitcoin hit a new high today, I personally reduced some of my profit-taking positions, mainly those that I increased yesterday. After a quick look, I found that there were only a few people who dared to openly push their chips before the election. Fortunately, I became that lucky person. Currently, the total position has only 15% room to retreat from the annual peak.
In the process of future market launch, I will also disclose my holdings from time to time. In short, if I think it is valuable, I will definitely buy it before recommending it to you. The main difference between me and everyone else in terms of positions is the logical rigor of position management.
The crypto market is like a turbulent ocean. Every fluctuation is like the sound of a big wave hitting the ground, full of challenges and opportunities. My courage lies in my courage to face these magnificent waves and calmly analyze every signal. In the future bull market, I hope everyone will follow my pace. In this ocean, every bold and rational choice is our beacon to success.
