DJT fell another 4.995%. It only rebounded back to 0.13 after the close, showing a single-source rebound. Trump just met with crypto executives at the White House—political heat is high, but the stock’s reaction is cool. The market is still deciding which direction to take.
At this level, funding is zero and longs and shorts are temporarily balanced. Political activity is frequent—there should theoretically be some volatility. But with the market frozen like still water, it’s actually dangerous. If it breaks below the $9 round-number support, technical traders will likely sell off.
My view: if the political narrative can’t hold up, it will come down. The strongest evidence for the other side is that Trump’s activities could suddenly ignite sentiment.
Trading tag: #TradFi #链上美股 #DJT
Where do you think this judgment is most likely to be wrong?
At this level, funding is zero and longs and shorts are temporarily balanced. Political activity is frequent—there should theoretically be some volatility. But with the market frozen like still water, it’s actually dangerous. If it breaks below the $9 round-number support, technical traders will likely sell off.
My view: if the political narrative can’t hold up, it will come down. The strongest evidence for the other side is that Trump’s activities could suddenly ignite sentiment.
Trading tag: #TradFi #链上美股 #DJT
Where do you think this judgment is most likely to be wrong?