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1.21 accurate market analysis
Good morning, guys. Yesterday, Trump was officially inaugurated.
Trump coin and Trump wife coin plummeted, with a whale losing 15 million US dollars.
Bitcoin has fluctuated significantly, looks risky.
So, do we not want to run?
From the data on the chain, before and after Trump's inauguration
Inflow of 10,000 BTC in the exchange.
There is little change in the stablecoin within the exchange, and there are no signs of outflow.
Yesterday, the WLFI project of the Trump family,
Bought $47 million worth of ETH, wBTC, and other tokens (using the money that investors used to buy coins)
No problem following the president,
The Trump family has mastered all the insider details,
If they dare to buy, we just follow their lead and buy.
Actually, this is an open hand, it depends on whether we understand it or not.
The following three factors determine that there will be further market trends, and the risk is not significant.
(1) The positive expectations for BTC are still there
Trump completes the signing of the first day's executive orders,
But there was no mention of Bitcoin or strategic reserves,
But this expectation is still there, except for when Trump's people don't know.
Estimated within 3 months.
(2) The cost of buying BTC in the past 60 days is around $97000
Everyone has high costs, so there is no huge profit-taking.
(3) The average cost of mining for miners is $89000, and the profit is not high.
Next, focus on the oscillation, wait for the breakthrough, and lay out on dips.