It's been almost a year, and I didn't expect the war reserve to appear in this form:
1. Based on the Bitcoin confiscated by the government, no more will be purchased.
2. The government will not sell more Bitcoin, similar to a lock-up.
Trump knows how to play, with a bit of nonsense rhetoric, fulfilling two out of ten new cryptocurrency policies.
What was supposed to be discussed at the digital currency summit tomorrow was tossed back and forth with his son, with fluctuations of thousands of points, while his family profits immensely.
For retail investors, the only hope for a short-term turnaround is that there might be more incremental funds entering crypto at the summit. (The master thinks it’s unlikely: otherwise, a positive factor that has already exhausted its energy + a war reserve with no actual value could easily turn into a short-term super negative.)
At the same time, I noticed an interesting statement during the speech: the Secretary of the Treasury and the Secretary of Commerce have been authorized to formulate strategies to maintain budget neutrality to acquire more Bitcoin. This means there is still a chance to increase holdings in the future, but with some limitations added. Perhaps they want to suppress the price a bit and accumulate some low-price chips? / Optimistic interpretation
In summary, regardless of whether the news tonight is good or bad,
consolidation is the best plan.
Come on. 点击加入熊市抱团组
#特朗普签署行政命令
#白宫首届加密货币峰会
#加密市场回调
1. Based on the Bitcoin confiscated by the government, no more will be purchased.
2. The government will not sell more Bitcoin, similar to a lock-up.
Trump knows how to play, with a bit of nonsense rhetoric, fulfilling two out of ten new cryptocurrency policies.
What was supposed to be discussed at the digital currency summit tomorrow was tossed back and forth with his son, with fluctuations of thousands of points, while his family profits immensely.
For retail investors, the only hope for a short-term turnaround is that there might be more incremental funds entering crypto at the summit. (The master thinks it’s unlikely: otherwise, a positive factor that has already exhausted its energy + a war reserve with no actual value could easily turn into a short-term super negative.)
At the same time, I noticed an interesting statement during the speech: the Secretary of the Treasury and the Secretary of Commerce have been authorized to formulate strategies to maintain budget neutrality to acquire more Bitcoin. This means there is still a chance to increase holdings in the future, but with some limitations added. Perhaps they want to suppress the price a bit and accumulate some low-price chips? / Optimistic interpretation
In summary, regardless of whether the news tonight is good or bad,
consolidation is the best plan.
Come on. 点击加入熊市抱团组
#特朗普签署行政命令
#白宫首届加密货币峰会
#加密市场回调
