Be careful—Bitcoin will usher in a huge shakeup tonight! Is a new trend about to start? Come take a look.
1. Bitcoin has been ranging and building strength for a week, and tonight finally has a reason for a breakout. At 8:30 PM tonight in the US, the PCE inflation data will be released—extremely important. Whether there will be another rate hike next month depends entirely on this PCE data. So the question is: will it be good news?
2. To be honest, not very optimistic. Because September’s numbers are calculated based on August data, and August’s oil prices were elevated. Rationally speaking, this PCE might not be that friendly. The best-case scenario is that it meets expectations—Trump plays a few little tricks, beautifies the data a bit, and if it just meets expectations, that’s already pretty good. If Trump doesn’t “beautify” it, then in reality it’s definitely more bearish.
3. But the bull market in crypto is already here. Even if there’s bad news, it won’t drop too much. Besides, recently it already pulled back from a high of 87,000 by about 5,000 points. The overall market action is still relatively healthy. Any larger pullback is a buying opportunity. And don’t forget—what if the PCE is good news? Then it’s even better than expected, and the coin price goes straight to the moon!
4. So setting aside the PCE, if we just look at crypto’s own price action, I’m still very confident. After this consolidation, I believe it can continue to rise. It’s just a matter of time, because I’m very clear: the crypto bull market has arrived. It’s expected to reach about $150,000–$200,000 in the next two years. The things in between are just detours—they won’t change the bigger picture.
5. Also, I don’t know if everyone has noticed: the OpenAI contracts we had planned earlier are taking off. They’ve surged to nearly $1,800. That’s really crazy. Since we bought around 1,100 in September, it’s already jumped 70%! I think now we can take some profit on OpenAI and use that to buy a bit of Anthropic, which has pulled back more. I like both of these. If one runs up too high, you can sell a bit and “bottom-pick” the other. Whenever either of them gets good-news headlines, they tend to get a strong surge, and there’s momentum to rise until just before listing.
6. Then Pengu, which I mentioned yesterday as a low-buy opportunity, exploded again today—up about 10%. I think you can do a swing trade here and take some more profit, then see if there’s a decent pullback to buy back into. The market is currently just consolidating. We can do swing trades every day. Opening positions in real time is really pretty comfortable~
1. Bitcoin has been ranging and building strength for a week, and tonight finally has a reason for a breakout. At 8:30 PM tonight in the US, the PCE inflation data will be released—extremely important. Whether there will be another rate hike next month depends entirely on this PCE data. So the question is: will it be good news?
2. To be honest, not very optimistic. Because September’s numbers are calculated based on August data, and August’s oil prices were elevated. Rationally speaking, this PCE might not be that friendly. The best-case scenario is that it meets expectations—Trump plays a few little tricks, beautifies the data a bit, and if it just meets expectations, that’s already pretty good. If Trump doesn’t “beautify” it, then in reality it’s definitely more bearish.
3. But the bull market in crypto is already here. Even if there’s bad news, it won’t drop too much. Besides, recently it already pulled back from a high of 87,000 by about 5,000 points. The overall market action is still relatively healthy. Any larger pullback is a buying opportunity. And don’t forget—what if the PCE is good news? Then it’s even better than expected, and the coin price goes straight to the moon!
4. So setting aside the PCE, if we just look at crypto’s own price action, I’m still very confident. After this consolidation, I believe it can continue to rise. It’s just a matter of time, because I’m very clear: the crypto bull market has arrived. It’s expected to reach about $150,000–$200,000 in the next two years. The things in between are just detours—they won’t change the bigger picture.
5. Also, I don’t know if everyone has noticed: the OpenAI contracts we had planned earlier are taking off. They’ve surged to nearly $1,800. That’s really crazy. Since we bought around 1,100 in September, it’s already jumped 70%! I think now we can take some profit on OpenAI and use that to buy a bit of Anthropic, which has pulled back more. I like both of these. If one runs up too high, you can sell a bit and “bottom-pick” the other. Whenever either of them gets good-news headlines, they tend to get a strong surge, and there’s momentum to rise until just before listing.
6. Then Pengu, which I mentioned yesterday as a low-buy opportunity, exploded again today—up about 10%. I think you can do a swing trade here and take some more profit, then see if there’s a decent pullback to buy back into. The market is currently just consolidating. We can do swing trades every day. Opening positions in real time is really pretty comfortable~
