Tomorrow's crypto summit on the 7th, the department head will analyze the market conditions, but I wonder if it will become a case of being slapped in the face with evidence...
Since the announcement of the Bitcoin strategic reserve was made before the summit to manage expectations.
If at the summit, these industry elites do not mention anything particularly conducive to implementing the strategic reserve, but instead just talk about meaningless platitudes, a group of people gathering to enjoy themselves. Will it affect the downward trend of the market?
To put it metaphorically, if before the meeting you tell others that this meeting will make America great again, and a series of bills will be announced, and right after the meeting America will take off. But during the meeting, they just say a bunch of official talk, that America is on the right path, pointing the direction for the world's crypto endeavors, and so on. Will the market turn negative, leading to a market crash?
In summary, in a news-driven market, it’s best not to leverage too much; no one can grasp it 😅#白宫首届加密货币峰会 #美国加密战略储备
Since the announcement of the Bitcoin strategic reserve was made before the summit to manage expectations.
If at the summit, these industry elites do not mention anything particularly conducive to implementing the strategic reserve, but instead just talk about meaningless platitudes, a group of people gathering to enjoy themselves. Will it affect the downward trend of the market?
To put it metaphorically, if before the meeting you tell others that this meeting will make America great again, and a series of bills will be announced, and right after the meeting America will take off. But during the meeting, they just say a bunch of official talk, that America is on the right path, pointing the direction for the world's crypto endeavors, and so on. Will the market turn negative, leading to a market crash?
In summary, in a news-driven market, it’s best not to leverage too much; no one can grasp it 😅#白宫首届加密货币峰会 #美国加密战略储备