Trader Gege: Listen to My Words on the Bull-Bear Battle

Hello everyone, this is trader Gege. It's been a long time since I updated my articles, as I've been busy with intraday trading. Some fans have been urging me to update, so today I'll briefly discuss my views on the current market. I'm very grateful to those who have continued to follow and support my analysis, and I hope the ideas presented are helpful. Today I'll only discuss my views on Bitcoin's trend and overall direction; these are all predictions and for reference only. Those who trade intraday don't need to waste their time reading this. After the National Day holiday, the market experienced a sharp drop, forming an oversold spike, followed by over 20 days of large-range consolidation, before breaking through the low point and briefly breaching the 100,000 mark, then plunging to 98,888. In about a month, from the high to the low, there has been a drop of nearly $30,000. Regarding the reasons for the decline, I've already discussed the macroeconomic aspects of the market news, from the initial shutdown of the US government, hacker attacks, and insider theft, etc., leading to too much uncertainty. Long-term whales and institutions sold off their holdings, making risk aversion in the market inevitable. Many voices in the market are criticizing Trump for exploiting the cryptocurrency market. In reality, Trump is a double-edged sword for the crypto world. He is indeed reaping profits, but consider this: without his inauguration, would Bitcoin have reached its current height? Perhaps, but not so quickly. For the crypto market, I believe the benefits outweigh the drawbacks. Therefore, if Trump is purged or removed from office, the crypto market will inevitably be affected. The current market is a game between institutional investors. Only when institutions start buying again can the market be driven up. For institutions to have confidence, Trump must handle the current situation well, and the subsequent Fed rate cuts and quantitative easing must be timely.