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Last night, the market officially finalized the timing: the new Federal Reserve Chair Jerome Powell will be sworn in this Friday, with Donald Trump personally presiding over the inauguration ceremony, during which the work will be handed over and he will officially assume office.
This also means that from Monday to Thursday this week, the market will anticipate Powell’s inauguration, and the recent slight increase in institutional holdings is a signal of early positioning, with funds already beginning to pre-embed bullish trends.
Yesterday, a long position was taken around 76,120; today’s high also reached around 77,400, so during tonight’s US stock market open, protective measures can still be applied. Even without breaking even, holding for an upward move remains viable.
If Bitcoin is protected, then the next bullish positions can be gradually accumulated at 75,166 and 74,650.
Similarly, if Ethereum is protected, then the next bullish positions can be gradually accumulated at 2,060 and 2,020.
Hold the long positions patiently, and remember to protect your capital. $BTC $ETH #特朗普推迟打击伊朗