As expected from a business tycoon becoming president, while proclaiming to make America great again, he simultaneously initiates various wars to harvest globally. According to American media reports, the commander of the 82nd Airborne Division has been ordered to deploy to the Middle East, which is entirely preparing for a new round of strikes that is about to begin. The warship arrived in the Middle East on the 27th, and a new round of strikes has started. Currently, it seems that Trump can continue to hype various news in the next few days, harvesting in different ways. To put it bluntly, Trump's self-directed and self-performed market manipulation is merely due to the internal orders he has. It's rumored that 15 minutes before Trump's remarks yesterday, $600 million worth of crude oil futures were sold off, similar to the predictions made during the capture of Maduro, where some people ran away in advance. One must understand that Buffett is just a rookie in front of Trump. Buffett has spent a lifetime investing in various experiences, while Trump only uses his own charts to publish and make money. In the end, it's mostly retail investors who get hurt. A ceasefire is impossible now; the most pitiful are those in the Middle East, whose economies are damaged, and large funds and wealthy individuals are fleeing to Hong Kong, becoming America’s little brother and suffering the harshest blows. Finally, Trump states that for a ceasefire, the Arabs must pay $2.5 trillion in protection fees; if there is no ceasefire, they must pay $5 trillion in protection fees. Therefore, a ceasefire is currently impossible, and the market will continue to plunge into panic. For the market to recover, a ceasefire is necessary; without it, the market will still enter a period of stagnation, continuously harvesting, with retail investors being the ones who suffer.
The US-Iran war has been going on for so long, and many people still don't understand why. You can take a look at the "Chronicles of Gold and Silver" published by the central bank; it explains in detail. In fact, an economic crisis could arrive at any moment. According to a survey of 50 economists from Wall Street, they indicated that if oil prices remain at $138 a barrel for 14 consecutive weeks, an economic crisis could come at any time. It’s important to know that it has become difficult for the US government to pay salaries, and they even had to ask Musk for help with payroll. Now, with the midterm elections coming up, it’s an awkward situation whether to fight or not. Not fighting leads to significant domestic conflicts, while fighting incurs costs that are hard to bear. Right now, we are just going back and forth, harvesting various issues. If this continues, interest rate cuts will be impossible; in fact, rate hikes might come sooner than expected, possibly going from one increase to two. A cold winter is still a cold winter; the rebounds in a bear market are just rebounds, not reversals!
Let's take a look at the market again. Bitcoin has retraced from its peak to $68,884, a drop of nearly 2,000 points. Ethereum has fallen back less than 100 points from its high. Now we are back to our 70,000 defense line. If 70,000 does not hold, 68,000 is still a relatively strong short-term support. If 68,000 cannot hold, we are doomed to see a new round of declines. For Ethereum, the short-term 2,000 level seems very solid. If Bitcoin cannot hold, it will definitely drag Ethereum down. Right now, it’s crucial to watch Bitcoin. If Bitcoin can hold, it might still reach 75,000. If it can't hold, it will have to test new lows again, especially in this emotional situation. For altcoins, I’m not considering them in the short term; the current trend is not suitable, only for swing trading. It’s important to control positions, especially with contracts, and remember not to use high leverage. I am Old Mountain, thank you for watching. If you like Old Mountain, you can follow me!#美国暂缓攻击伊朗发电站 #CZ称比特币是硬资产 #BNB走势 #BTC走势分析 #ETH走势分析 $BTC
