The storm before the State of the Union address! Bitcoin surged and then plummeted, as a $126 million transaction by a whale ignited market nerves!
As Donald Trump is about to deliver the State of the Union address, Wall Street has already entered a "wartime state." Traders are significantly reallocating, with funds flowing into defensive sectors, and the market is holding its breath in anticipation. Previously, the Supreme Court of the United States ruled to limit the president's emergency tariff powers, forcing the government to pursue global tariff plans through other legal pathways, instantly increasing policy uncertainty and causing violent fluctuations in global markets.
The storm quickly spread to the crypto market. Bitcoin was first pushed up by risk-averse sentiment, experiencing a short-term strong rally, and market sentiment briefly boiled over. However, the good times were short-lived, as an overall wave of selling hit, causing Bitcoin to quickly retreat and fall below the $65,000 mark, with long positions facing ruthless profit-taking.
Even more dramatically, a massive on-chain Bitcoin transfer of $126 million appeared at a sensitive moment, directly igniting market nerves. Whale movements, policy games, and liquidity tension—these three variables combined have exacerbated already fragile sentiments.
This is not just a price fluctuation, but a direct confrontation between macro and capital. The direction of tariffs, U.S. dollar liquidity, and risk appetite will all provide new guidance after the State of the Union address. The market's true choice may be revealed tonight.
As Donald Trump is about to deliver the State of the Union address, Wall Street has already entered a "wartime state." Traders are significantly reallocating, with funds flowing into defensive sectors, and the market is holding its breath in anticipation. Previously, the Supreme Court of the United States ruled to limit the president's emergency tariff powers, forcing the government to pursue global tariff plans through other legal pathways, instantly increasing policy uncertainty and causing violent fluctuations in global markets.
The storm quickly spread to the crypto market. Bitcoin was first pushed up by risk-averse sentiment, experiencing a short-term strong rally, and market sentiment briefly boiled over. However, the good times were short-lived, as an overall wave of selling hit, causing Bitcoin to quickly retreat and fall below the $65,000 mark, with long positions facing ruthless profit-taking.
Even more dramatically, a massive on-chain Bitcoin transfer of $126 million appeared at a sensitive moment, directly igniting market nerves. Whale movements, policy games, and liquidity tension—these three variables combined have exacerbated already fragile sentiments.
This is not just a price fluctuation, but a direct confrontation between macro and capital. The direction of tariffs, U.S. dollar liquidity, and risk appetite will all provide new guidance after the State of the Union address. The market's true choice may be revealed tonight.
