🔥 Trump is building a $15 billion steel factory… and its digital token is dropping!
Trump announced a massive steel manufacturing project in Iowa worth up to $15 billion 🏭 And on the other side 👇 🪙 $TRUMP is about 2.01$ 📉 -26% over the month 📉 -71% from the peak 💰 Market value: about $581 million The weird irony: A real project worth billions on the ground 🏭 And a digital project worth hundreds of millions under pressure 🪙 The real question:
BTC bounced strongly from 82,926$ → 84,039$ in just two hours 📈 +1.30%
Signals ahead 👇
✅ MACD is green and rising — momentum is still positive ⚠️ RSI 88.9 — strong buying overbought, and a short-term pullback is possible ✅ Green candles — buyers are currently in control
🎯 The bullish scenario: Holding above 84,000$ opens the way to 84,500$ , then watch 85K 👀
📉 The other scenario: Breaking 84K could send the price back to test 83,600$.
📉 The whole market is red because of the U.S. Federal Reserve:
🔹 Stocks: Dow Jones -0.64% under pressure 🔹 Gold: -3.62% sharp drop 🔹 Bitcoin: 83,300$ down -1.4% testing support at 82k : $BTC — $ETH — $BNB — $SOL 🔹 Reason: The likelihood of a rate hike in October reached 70% after strong data, and bond yields are above 5% for the first time since 2007
Liquidity is fleeing to bonds; caution is required until inflation data passes.
Shares jump +46% and +29%, and the S&P 500 is back in the green 📈 On the other hand, other tech stocks like INTC are still under pressure. 👀 And I’m watching LAB: Loss from -8.49% → -7.73% 📈 A simple bounce, but in a choppy market the small details matter. 🚨 The question now: Do we see the technology wave moving into crypto, or does each market have its own story? 1️⃣ Crypto catches up
🔥 $LAB — I’m down 8.23%… but I won’t sell under pressure!
Holding LAB My entry average: $0.06187 Current price: $0.05316 Loss: -8.23% 🩸
So my portfolio is clearly under pressure right now… and the real question:
Is this an accumulation zone or the start of a new drop? 👀
📉 Price touched $0.053118 and bounced, then went back to test the zone again.
Personally, I’m not going to sell just because the candle is red. If it drops to the $0.052 area, I’ll watch how price reacts and the liquidity before making any decision.
🎯 Levels I’m watching: $0.06187 → breakeven $0.070 → the next target if momentum improves
This is just my personal journey with LAB, and it doesn’t mean the price has to bounce.
🔥 Your question: If you were in my place and down 8%… would you sell? hold? or wait for confirmation of the bounce?
🔥 Despite the fear.. why am I still optimistic about the crypto market?
The market is going through a period full of fluctuations, and the red color makes many traders fall into a state of fear. But for me, fear alone is not considered a signal to exit the market. 📉 A drop is a natural part of the crypto market’s movement, and just like we see correction and selling pressure, we also see rebound opportunities afterward when liquidity changes and demand returns.
🔥1. BTC - Bitcoin $83,972 It dropped to $83,794, pulled liquidity, and bounced strongly with a green candle. RSI 55 above 50 means buyers have returned and are taking control. If it closes above $84,000 today, the next target is $85,224
2. ETH - Ethereum $2,688 The strongest among them +0.43% 🚀. It dropped to $2,683 and bounced immediately. RSI 51 and MACD are close to forming a positive cross. Ethereum is leading the market right now.
3. BNB - BNB $774 Still the weakest. RSI 38 and MACD is negative (-0.20). It needs to close above $775 to catch up with the rest, otherwise it will likely drop again to $773
Summary: Morning liquidity was removed ✅ BTC and ETH flipped green, BNB is still lagging. The coming hours are critical—watch $84k for Bitcoin.