Yesterday I talked to you about the long-term and short-term impacts of the White House meeting on the market, and today Trump signed an executive order on strategic pie reserves, which will include bitcoin in the national stockpile, and will not increase the cost for taxpayers to buy more bitcoin at this time, but will use 200,000 pies previously owned by the federal government as an injection ( seized and seized in the past ), promising not to sell these asset shares, and the executive order authorizes the Secretary of the Treasury and the Department of Commerce to develop a budget-neutral strategy to get more pie. [爱心]: Trump has fulfilled his campaign promise by not selling reserves while including a large cake in the strategic reserves. This is very positive in the long term for the crypto market. So why the short-term decline? Because of emotions, high expectations, and overinterpretation by retail investors in Asia. Many beginners like to listen to analysts and some information, but the crypto market is mixed with good and bad. Many technical analysts don't even understand the interpretation of basic macroeconomic data like non-farm unemployment rates, let alone tracking on-chain data. They only look at candlestick patterns, that's why after the announcement, many people reinterpret 'will not buy more crypto assets' in the document, misleading many retail investors, even leading the way to condemn Trump as trash. [爱心]: What I want to say is, have you really read the original text carefully? Do you understand? Is the long-awaited Trump executive order publication just hoping he will buy more pancakes? Not at all, what the market needs is for the US government to recognize the value of Bitcoin, support Bitcoin, so that Bitcoin truly aligns with the international community and becomes a formal investment asset, enabling more countries to participate. This is the outcome we desire, but in reality, everything Trump promised before has been fulfilled. [爱心]Three: The decision not to buy more related cryptocurrencies is related to the current situation in the United States. Currently, Musk and Trump are both actively reducing government spending to reduce inflation and stabilize economic development. It is not appropriate for them to use a large amount of funds to buy, and Congress may not even approve it. However, the document mentions giving authority to the Department of the Treasury and Commerce to develop a neutral strategy in purchases. What is neutral? This means not spending tax money and being able to sell other assets to buy when prices fall. For example, selling some gold to buy when prices fall, or using insurance and pension funds to buy in the market, indirectly avoiding additional expenses while making sensible purchases. [爱心] 4: Federal and independent state finances, and proposed reserve stock bills by other states, must follow the direction of the Trump administration, and the current Trump administration direction is very clear, so other states will also pass these bills one by one, on a scale of at least 10 billion, and Trump has decided so, and other younger states will definitely follow in the footsteps of the elder states. [爱心] Summary: The signing of this executive order is historic. Do not mislead others due to your ignorance and inability to distinguish right from wrong. Soon we will see the results of the audit of federal government ownership, and each department will gradually implement the details of the executive order, as well as the content of tomorrow's meeting. The morning market sentiment selling pressure has ended, offering a good opportunity. After the emotions subside, the market will return to its internal structure. The long-term uptrend is not over yet, and the short-term bottom rebound is not over yet.#GT 2024 Q4 Burn Completed #White House Crypto Summit #Trading Tips for Volatility
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【Executive Order Trump, read carefully】
Yesterday I talked to you about the long-term and short-term impacts of the White House meeting on the market, and today Trump signed an executive order on strategic pie reserves, which will include bitcoin in the national stockpile, and will not increase the cost for taxpayers to buy more bitcoin at this time, but will use 200,000 pies previously owned by the federal government as an injection ( seized and seized in the past ), promising not to sell these asset shares, and the executive order authorizes the Secretary of the Treasury and the Department of Commerce to develop a budget-neutral strategy to get more pie.
[爱心]: Trump has fulfilled his campaign promise by not selling reserves while including a large cake in the strategic reserves. This is very positive in the long term for the crypto market. So why the short-term decline? Because of emotions, high expectations, and overinterpretation by retail investors in Asia. Many beginners like to listen to analysts and some information, but the crypto market is mixed with good and bad. Many technical analysts don't even understand the interpretation of basic macroeconomic data like non-farm unemployment rates, let alone tracking on-chain data. They only look at candlestick patterns, that's why after the announcement, many people reinterpret 'will not buy more crypto assets' in the document, misleading many retail investors, even leading the way to condemn Trump as trash.
[爱心]: What I want to say is, have you really read the original text carefully? Do you understand? Is the long-awaited Trump executive order publication just hoping he will buy more pancakes? Not at all, what the market needs is for the US government to recognize the value of Bitcoin, support Bitcoin, so that Bitcoin truly aligns with the international community and becomes a formal investment asset, enabling more countries to participate. This is the outcome we desire, but in reality, everything Trump promised before has been fulfilled.
[爱心]Three: The decision not to buy more related cryptocurrencies is related to the current situation in the United States. Currently, Musk and Trump are both actively reducing government spending to reduce inflation and stabilize economic development. It is not appropriate for them to use a large amount of funds to buy, and Congress may not even approve it. However, the document mentions giving authority to the Department of the Treasury and Commerce to develop a neutral strategy in purchases. What is neutral? This means not spending tax money and being able to sell other assets to buy when prices fall. For example, selling some gold to buy when prices fall, or using insurance and pension funds to buy in the market, indirectly avoiding additional expenses while making sensible purchases.
[爱心] 4: Federal and independent state finances, and proposed reserve stock bills by other states, must follow the direction of the Trump administration, and the current Trump administration direction is very clear, so other states will also pass these bills one by one, on a scale of at least 10 billion, and Trump has decided so, and other younger states will definitely follow in the footsteps of the elder states.
[爱心] Summary: The signing of this executive order is historic. Do not mislead others due to your ignorance and inability to distinguish right from wrong. Soon we will see the results of the audit of federal government ownership, and each department will gradually implement the details of the executive order, as well as the content of tomorrow's meeting. The morning market sentiment selling pressure has ended, offering a good opportunity. After the emotions subside, the market will return to its internal structure. The long-term uptrend is not over yet, and the short-term bottom rebound is not over yet.#GT 2024 Q4 Burn Completed #White House Crypto Summit #Trading Tips for Volatility