šØ Trumpās latest speech: cheering on Muskās flying Roadster and declaring that āoil prices will fall soonā!
He praises Musk while verbally ācooling downā oil pricesābut the market isnāt buying it!
Folks, Trump sent two key signals in his speech on October 17, and each one is worth a closer look.
š First, heās backing Musk in a big way.
Trump explicitly said he was āvery happy for Musk and the Tesla Roadster.ā What he was praising is Teslaās newly unveiled next-generation Roadster, equipped with SpaceX rocket-propulsion technology. The supercar can flip in midair and land after flying, accelerate from 0 to 100 km/h in under 1 second, and reach a top speed of over 370 km/h. Production is scheduled for 2028, and the deposit for the Thrust edition is as high as $250,000. Trumpās actions are telling the world: hard tech and radical innovation remain the hardest currency of our time.
š Second, heās issuing a āverdictā on inflation and oil prices.
Speaking about inflation, Trump said bluntly: āOil prices will fall soon.ā His reasoning is straightforward: thereās plenty of oil on the market, and once the war with Iran endsāwhich will happen āmuch sooner than people thinkāāoil prices will drop sharply.
š What does this mean for crypto markets?
The logic is crystal clear: oil prices fall ā inflation expectations ease ā pressure to raise rates subsides ā liquidity expectations improve ā risk assets benefit.
BTC is currently hovering around 80,000, while ETH has fallen below 2,400. The root cause is that oil surged to $110, pushing up inflation and rate-hike expectations. Trumpās comment that āoil prices will fall soonā is essentially loosening that chain of pressure.
But donāt get carried away. This is talk aimed at shaping expectations, not an accomplished fact. A real turning point requires seeing oil prices actually come down and Treasury yields reverse course. Until then, hold spot, and get leverage down to zero.
Musk is building a car that can fly; Trump is painting a picture of oil that can come down. Both point to the same thing: liquidity. š¾š$BTC $BZ
#ē¹ęę®ä»ę„é¶ęØę¼č®²
(Personal opinion only; not investment advice)
He praises Musk while verbally ācooling downā oil pricesābut the market isnāt buying it!
Folks, Trump sent two key signals in his speech on October 17, and each one is worth a closer look.
š First, heās backing Musk in a big way.
Trump explicitly said he was āvery happy for Musk and the Tesla Roadster.ā What he was praising is Teslaās newly unveiled next-generation Roadster, equipped with SpaceX rocket-propulsion technology. The supercar can flip in midair and land after flying, accelerate from 0 to 100 km/h in under 1 second, and reach a top speed of over 370 km/h. Production is scheduled for 2028, and the deposit for the Thrust edition is as high as $250,000. Trumpās actions are telling the world: hard tech and radical innovation remain the hardest currency of our time.
š Second, heās issuing a āverdictā on inflation and oil prices.
Speaking about inflation, Trump said bluntly: āOil prices will fall soon.ā His reasoning is straightforward: thereās plenty of oil on the market, and once the war with Iran endsāwhich will happen āmuch sooner than people thinkāāoil prices will drop sharply.
š What does this mean for crypto markets?
The logic is crystal clear: oil prices fall ā inflation expectations ease ā pressure to raise rates subsides ā liquidity expectations improve ā risk assets benefit.
BTC is currently hovering around 80,000, while ETH has fallen below 2,400. The root cause is that oil surged to $110, pushing up inflation and rate-hike expectations. Trumpās comment that āoil prices will fall soonā is essentially loosening that chain of pressure.
But donāt get carried away. This is talk aimed at shaping expectations, not an accomplished fact. A real turning point requires seeing oil prices actually come down and Treasury yields reverse course. Until then, hold spot, and get leverage down to zero.
Musk is building a car that can fly; Trump is painting a picture of oil that can come down. Both point to the same thing: liquidity. š¾š$BTC $BZ
#ē¹ęę®ä»ę„é¶ęØę¼č®²
(Personal opinion only; not investment advice)