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All of us originally thought that this year would be the year of the crazy bull market after Trump came to power, but what no one expected was that since the 78-year-old man last year came to power in a beautiful country, the cryptocurrency market has only started a one-month bull market! This made Musk, including Trump's biggest supporter at the time and the number one KOL in the cryptocurrency sector, also spray Trump. The capitalists elected you as president in order to make money for your supporters, not for them to invest while they are canvassing for votes, and they will lose money when you come to power! Could it be that Musk is really a fool? Trump has spoken a lot in the past few days, but the tariff negotiations are not going well. Yesterday, the U.S. stock market opened high and went low, and there was an accelerated decline after hours, it seems that the market's confidence has not fully recovered, and the market needs a technical repair after a sharp rebound
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Market sentiment turned cautious today, with U.S. stocks and bitcoin retreating slightly, mainly due to the failure of the European Union's negotiations with beautiful countries to close water, and Trump's continued hawkish trade stance on the Chinese pot. Dongda's suspension of the acceptance of the Boyin aircraft and the cessation of the purchase of parts for the beautiful country are seen as a countermeasure to the water and exacerbate market uncertainty. At the same time, the White House signaled a possible upward adjustment of corporate water, making it more challenging for companies that were already under pressure, and the VIX index returned to above 30. In terms of the broader market, there has been the largest change of hands in recent times, although it is suspected that there is an internal exchange transfer, Bitcoin's recent decline has reached near the 83,000 support level, and it is currently in a daily level shock as a whole. As predicted last night, 83,000 is the first support level, and 82,000 is the defensive support line. As long as these two support levels are not effectively broken, the current retracement is still in the normal range, and there is still upside potential in the future. From the perspective of short-term trends, the key to whether the market can really start a rebound lies in the competition for the upper 84500 pressure level. If the 4-hour level closing price can stand above 84500, it means that the 4-hour level of the retracement adjustment is completed, and the market is expected to launch a second impact to the 86000 pressure level. However, before the 4-hour level stabilizes at 84500, the market may only rebound at a small level, and there is a risk of continuing to fall.
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The trend of Ethereum is still relatively weak, and the volatility of the daily level is very small, and it is still following Bitcoin. If Bitcoin falls, then Ethereum will definitely fall with it, and the operation is to chase Ethereum when Bitcoin falls. At present, the weak trend of Ethereum, the rebound has not even touched the daily MA30 line, and we can only look forward to the stabilization of Bitcoin and the narrow range of shocks at the daily level. Before Ethereum has no hard gas, it is better to be cautious and not to go to the left to buy the bottom. It remains to be seen whether the further rebound confirms the resistance or falls back again after the horizontal consolidation, and the evening short-term continues to be treated as shocks before breaking the range, and more participation around the range high and low,
#WCTC S7 #Gate.io 12周年