#创作者冲榜

Today’s Market Summary — Don’t blame Trump’s “drawing lines,” news always follows the market

This morning, we were lamenting how the bulls seemed to be struggling like dogs, but by evening, a single Trump tweet caused the market to soar directly higher, and the long positions that had been set up for days finally turned profitable. Many short sellers are cursing Trump for “drawing lines” and manipulating the market, while others lament the importance of insider information, but honestly, none of that is necessary. News always aligns with the market trend. Even if Trump intends to manipulate the market, he must decide the direction based on the market’s movement. All we can do is analyze the market well through technical analysis and known information, earn within our understanding, judge the trend, position accordingly, and leave the rest to the market.

Today, Bitcoin experienced a rebound, reaching near the weekly resistance level of 71,450, just one step away from the daily resistance level of 71,950. Tonight, we need to focus on whether the market can effectively break through 72,000. If it breaks through, long positions can be held further. If it cannot break through effectively, then consider taking profits on longs.

For friends without positions, you can wait for a breakout above 72,000 to lightly chase longs and secure a small profit. The larger profits will still come after this rebound ends, by shorting. Overall, the current market is still in a state of high volatility, with a trading range between 68,000 and 74,000.