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Is the Bull Market over - Since Trump came to power, the market has begun to fall in a hurry, even if the Federal Reserve said that the good news that banks can hold Cryptocurrency, it has not given the market a significant boost, and the market is currently injecting more fresh and energetic funds, but it is still peeling off the cocoon. In this case, how can BTC, which requires such a large amount of capital, continue to maintain its price and continue to pump? Since the new money in the market has stagnated, it is necessary to start the game of existing funds, so as to wait for the next fuller narrative. Then there is the executive order signed by Trump, which includes the Trump administration's commitment to improve the regulatory environment for the encryption industry, and the executive order establishes a working group to develop a clear market structure and classification of digital assets ( such as securities, commodities, collectibles, and other ). In addition, the Trump administration plans to push the SEC to establish a "Cryptocurrency Enforcement Unit" to strengthen regulation of the encryption market. Mandatory tightening of regulation is not a good thing for the encryption market, which has been unregulated for many years. So this also drove the market down to a certain extent.
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The price of BTC will probably fall to where? The price will definitely fall to a position below 97200. Below 97200 is around 95500. I am more inclined to think that the price will come to around 95500. As for whether it will stop falling? I don't know, but I will focus on these positions. This is what will probably happen from a larger perspective. What should be done in the short-term market? It's mainly shorting. Currently, the rebound in this market is probably followed by a further decline. As for the strong pressure above, it is near 100700, and further up, it is near 102500. For now, I only see the possibility of a rebound near 100700, but it is not very likely to break through this level. Therefore, the possibility of reaching 102500 is even lower. Once the price completes the rebound and starts to fall again, it will need to challenge below 98000.
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The limit of Ethereum is around 2800. It definitely won't go down at a high level. Then it's the story of Ethereum. The outside is just starting to hype up the tariff issue, which is meaningless. What needs to be digested has been almost digested. The focus on encryption is a strong control state. I feel that the possibility of the past is very small, so I consider buying around 2850-2920. Is it good news for Ethereum Trump Fund to be a foodie? It has not been eaten up all the time, so don't expect too much. Moreover, Trump's foodie is through OTC foodie or other ways of foodie. If the foodie in the market buys directly, Ethereum would have broken ten thousand long ago, so it is obviously a strong control state of high short and low long.