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The “wise king” is fighting on the front lines,
While the Senate in the back is “undermining”😂?
This plot is even more exciting than a candlestick chart! 😤
First, a major one—yesterday, the U.S. Senate held a vote on the War Powers Act, requiring Trump to end military operations against Iran.
Pupu blew up immediately, taking to X to vent in anger: “I’ve pushed Iran until they’re begging for mercy, and you’re voting on this? Inappropriate! Purely just causing trouble!” 🤯
What’s even more surreal? On this side, the Senate is investigating Trump’s crypto project World Liberty Financial after it received $500 million from the UAE; on that side, Trump is clashing head-on with Iran on the front lines. This storyline—Hollywood wouldn’t even dare write it this way, right?
🌊 Back to the chart—what does this news have to do with it?
It has a lot to do with it. The moment geopolitical uncertainty kicks in, the first reaction of funds is—risk aversion.
📉 $BTC : The current price is around 62,627. After yesterday’s low of 61,883, it rebounded slightly. But the rebound volume keeps shrinking—it's entirely driven by short liquidation pushing the move, with no incremental capital. The 63,000–63,500 area above is a dense trapped zone. Simply put: the rebound is happening, but a reversal is hard.
📉 $ETH : After surging as high as 1,779 last night, it plunged on heavy volume to 1,633, and is now weakly consolidating around 1,672. At least BTC has managed to hold steady; as for ETH, it can’t even manage a decent rebound.
Remember: If you don’t understand the market, don’t trade it; if you can’t read the order book clearly, don’t touch it. Protecting your principal matters more than anything. 👊
Follow me—every day I’ll break down a different perspective for you. Drop a comment in the comment section—do you think this is an opportunity or a trap? 👇