$TRUMP at $2.48 — are you looking to buy the dip?



The crypto dinner personally hosted by Trump: 297 top large holders were invited into Mar-a-Lago, and Mike Tyson was there—so what happened next? The price was pumped before the event, then after it, it plunged straight down by 14%. In 24 hours, trading volume hit 5 hundred million. The “grass” rushed in to take the bag, and the market makers smiled as they counted their money. It fell from $73.43 to today’s $2.48, a decline of more than 96%, with market cap dropping from 30 billion to just 570 million.

First, look at the surface: it bounced—but no one believes it.

Over the past 24 hours, RSI violently rebounded from an extremely oversold 10.82 to 46.14. In 6 hours, large-amount capital inflows accounted for 31%, as if someone is secretly taking positions. But the candlestick chart tells you this: it just set a recent low at 2.45, and now it’s only around 2.48-2.53. After the 7-day high of 3.11 was smashed down, volume has been getting smaller and fewer people are chasing the rally.

First thing: Trump personally shows up—but he’s selling it to you.

The “most exclusive crypto dinner” at Mar-a-Lago on April 25 only invited the top 297 largest holders. Trump personally delivered the keynote, and the atmosphere was turned all the way up—so you thought it was about to take off? In the end, it was textbook “buy the rumor, sell the news.”

Second thing: RSI has surged from 10.82 to 46.14, but the price hasn’t moved much.

What does 10.82 mean? That’s oversold so deep it hurts to the bone—almost everyone is losing money, and they can’t cut their losses anymore. 46.14 is a rebound signal, meaning sell pressure is about to run out. But the problem is: if the rebound doesn’t come with volume, it’s just messing with you. Trading volume expands during declines (distribution), but contracts during rebounds (no one is chasing).

Third thing: 900,000 tokens unlock every day—supply is pressing down.

Over the next seven days, 900,000 TRUMP tokens will be dumped into the market every day. This isn’t good news; it’s a timed bomb.

On one side: Trump’s IP, a Mar-a-Lago dinner party, and RSI’s violent rebound.

On the other side: a 96% drop, daily unlocks, regulatory risks, and insufficient volume.

The key level is 2.45—that’s the final bottom line between bulls and bears.

For short-term traders: bet on a rebound with a light position from 2.45-2.50. Targets are 2.63-2.75. If it breaks below 2.40, cut losses decisively. Next stop is 2.0.

For mid-term players: wait and see. Don’t touch it unless Trump posts another tweet with a trade call, or unless news about Bitcoin reserves lands. With 900,000 tokens unlocking every day, you can’t hold up.

For long-term players: don’t dream. There’s only one endpoint for political meme—zero. Unless you can prove Trump will treat this as “national reserves,” then I didn’t say anything.

TRUMP’s current state is this: the market maker is well-fed, the big holders are fleeing, the retail “grass” is counting the candlesticks, and Trump is counting money. #加密市场小幅下跌 $TRUMP
TRUMP-3.94%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments