Hello everyone, the market yesterday can be described as loud thunder but little rain.

Last night three things happened:

1. In the morning, Trump signed related policies on the US Bitcoin strategic reserve and other cryptocurrency reserves, which is a positive message for the crypto market.

2. At 9:30 PM, the non-farm data was lower than expected, which is also good news for the financial market.

3. In the early morning, the US White House held its first crypto conference, which is also positive news for the crypto market.

Just picking one out is a good thing, but the market hasn’t risen, instead fluctuating back and forth, ultimately dropping, which makes people doubt whether the crypto industry really has opportunities by 2025.

Last night many people stayed up waiting for the big news from the crypto summit, but Trump still only made empty promises, not saying anything substantial about crypto at the crucial moment. With his style, how could retail investors make easy profits? But it is also understood that since Trump started issuing coins, he has always hidden knives in jokes, giving smiles to the crypto world while actually taking retail investors' money, and even occasionally stealing from large holders.

And it must be understood that regardless of how much the crypto summit and strategic reserves shout, without funds entering the market, everything is just empty talk. The so-called strategic reserves now only acknowledge the legitimacy of BTC, like writing a blank check for the market, which has no practical significance.

Ultimately, the future market still needs to wait, waiting for the Fed to cut interest rates and other measures to restore market liquidity, only then may we welcome real opportunities. If it can be combined with loose policies, then the market will soar!

Currently, the market maintains a continuation trend, meaning it is a middle consolidation area in the big trend. We still need to focus on the critical position around 91500, if we can't break through, it will be in vain. The market also lacks major news stimuli, we can only continue to hold on.

The weekend has very low liquidity, with no market makers, small amounts of funds can push prices up, and small chips can bring prices down, still be cautious about risks, hope to get through the weekend smoothly.

Next, just hold on and see if Bitcoin can stabilize at the $85,000 level, then look for events that can break through the range of $85,000-$91,500 or even $95,000.

The crypto summit has ended, and we need to return to macro expectations to focus on inflation, the dot plot, and tapering situations. Also, during this phase, do not engage in battles without confidence, you must understand restraint, be strict with yourself, and having USDT will help you remain calm in case of emergencies so as not to miss subsequent market opportunities.

As for altcoins, there are currently only two directions worth paying attention to in the short term, one is the mainstream altcoins led by the US, divided into three categories:

1. Already included in the strategic reserves: Cryptocurrencies like ADA, SOL, XRP, and SUI have been included in the reserves and are relatively secure.

2. Not yet, but held by specific foundations: AAVE, LINK, SEI, ONDO, etc. Although they have not been fully included in the reserves, they have certain institutional backgrounds and stable holdings.

3. With American backgrounds and opportunities to be included in reserves: like ALGO, NERA, IOTA, FIL, AVAX, etc., although not fully confirmed yet, they also have the potential to be included in reserves.

This year's market is basically led by the US, those who receive support have the opportunity to rise. From the current perspective, these altcoins have a relatively strong rebound compared to other cryptocurrencies, and they have also been relatively resilient in their declines. Therefore, during the period of oscillating declines, it is possible to enter the market at low prices for some wave operations, which can earn coins and profits.

Another trend worth paying attention to is the major cryptocurrencies surrounding Bitcoin, such as SOLV. They maintain value by staking Bitcoin, so they can resist declines somewhat during market downturns. As Bitcoin gradually becomes a strategic reserve asset, ecological projects around Bitcoin may usher in a new wave of speculation and may attract market attention again.

As for other altcoins, most have already experienced significant declines and are now generally in a consolidation range. The market is waiting for a clear signal, and once it appears, it may trigger a comprehensive rebound. So now it is necessary to be patient, closely observe market trends, and wait for a clear trend before making further arrangements.