I hope BTC drops to 86000, so that the subsequent trend can be healthy. After going up, there will inevitably be a round of corrections, and the daily line will have to break through #btc .
What is Trump doing, and how is this round of U.S. policy different from the Great Depression of 1929-1933? The main economic measures during 1929-1933 were the gold standard for the dollar and interest rate cuts, but the interest rate cuts were not very noticeable, which led to a high dollar exchange rate (after all, many countries owed money to the U.S., and the U.S. did not want to devalue the dollar), resulting in difficulty selling goods until the stock market began to plummet, prompting the realization that company fundamentals needed to be maintained; thus, they began substantial interest rate cuts and quantitative easing. The cost was a significant reduction in U.S. creditors' holdings, and other countries also reacted by starting to cut interest rates.
In this round, the U.S. owes $35 trillion, while the total world wealth is about $700 trillion. This time, the U.S. can freely reduce interest rates (leading to increased economic activity and dollar devaluation) and manufacturing jobs returning (regardless of whether Americans are lazy, the return will definitely increase job opportunities, along with quantitative easing). In this case, the cost is dollar devaluation, significantly reducing the fiscal pressure of U.S. debt, while improving the competitiveness of American products. Therefore, the domestic economy in the U.S. is likely to improve, with the cost being inflation and high prices for overseas assets. The second issue is that the Republican Party does not care, which is a cost that the Democratic Party must bear. There are many ways to soothe the first issue, such as increasing welfare and distributing money; for example, supporting cryptocurrencies to boost their value is a way for Trump to distribute money to MAGA supporters. #特朗普执政引发大萧条
In the next four years, just increase the holdings of the Dow in US stocks and diversify Nvidia's holdings into other chip companies. Whenever to reduce holdings, just look at when Trump's power is weakened.
Strictly execute, select some tokens from the top 6-20 to hold in the next few days, reduce the position to half or less before Monday morning, and reduce at least ten percent each day on Monday, Tuesday, and Wednesday. The last bite of meat on the tip of the knife, finish it and prepare for the pullback.
Why has the heat of this meme cooled down, leading to the resurgence of established web3 infrastructure coins? Because there aren't many good targets left.
However, from another perspective, it also indicates that the market is gradually cooling down, and the valuation of tokens is becoming more rational.