Recently, Trump announced the inclusion of encryption currencies into the 401k retirement plan, which has triggered a strong market reaction. Bitcoin prices have shown a significant rebound, having regained the EMA20 line on the daily chart, currently hovering around $115,000. This trend has led to a balance of bullish and bearish forces, making the market atmosphere more subtle.



If Bitcoin can further break through the $118,000 mark, investors may need to reassess their trading strategies. Some investors may consider reducing their short positions established around $120,000 and adjusting their stop-loss levels to slightly above $120,000.

Although there have been no losses on short positions so far, the market's failure to decline further has begun to affect the confidence of some investors. In this situation, closely monitoring today's closing will become key to assessing the future market direction.

Market participants generally believe that Trump's policy initiative may bring more institutional funds into the encryption market, thereby enhancing overall liquidity and stability. However, some analysts warn that the implementation of the policy will take time, and market volatility may intensify in the short term.

In the face of the current complex market environment, investors need to remain calm, manage risks effectively, and adjust their strategies promptly according to market changes. Whether bullish or bearish, they should closely monitor various technical indicators and fundamental factors in order to make more informed investment decisions.
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TokenToastervip
· 2h ago
I really don't understand President Trump, it's truly hard to guess.
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MonkeySeeMonkeyDovip
· 14h ago
Old Chuanzi has finally figured it out.
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SolidityNewbievip
· 14h ago
btc charge charge charge Hope that Chuanzi is elected
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SignatureAnxietyvip
· 14h ago
Play this script with Trump clearly.
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AirdropHuntressvip
· 14h ago
Old Chuan still has a knack for this, the manipulation is too obvious.
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SpeakWithHatOnvip
· 14h ago
Follow the big mouth to earn a lot
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SerumSquirtervip
· 14h ago
Trump, you really are a master of creating trouble.
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PerennialLeekvip
· 14h ago
Short order at high position, do not chase.
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