Yesterday I talked to you about the long-term and short-term impact of the White House summit on the market, and today Trump signed an executive order on the strategic reserve of the pie, which will include bitcoin in the national share reserve, and will not increase the cost to taxpayers to buy more bitcoin at present, but will use the 200,000 pies previously owned by the federal government as an injection (these were seized and confiscated in the past), promising not to sell this part of the assets, and the executive order authorizes the Secretary of the Treasury and the Department of Commerce to develop a budget-neutral strategy to obtain more pie. [爱心] 1: Trump fulfilled his promise before taking office and included the pie in the strategic reserve while not selling the reserves, which is particularly good for the crypto market in the long run, so why is it falling in the short term? Because of emotions, because of high expectations, because of the over-interpretation of retail investors in the Asian market, many new friends like to listen to the views of analysts and some information, but the crypto market is mixed, and there are many technical analysts who don't even understand the interpretation of macro data such as the basic non-farm unemployment rate, let alone track the on-chain data, they will only look at the K-line pattern, so after the news is announced, many people over-interpret the "will not buy more crypto assets" in the document, misleading many retail investors, and even taking the lead in scolding Trump for garbage. [爱心] two: What I want to say is, did you really read the original text carefully? Did you read it? Is the announcement of Trump's executive order, which we have been waiting for, just how many flatbreads do we want him to buy? Not at all, what we need in the market is for the U.S. government to recognize the value of Bitcoin, endorse Bitcoin, so that the pie can truly be in line with international standards, move towards the formalization of investment assets, and allow more countries to participate, this is the result we want, but in fact, everything Trump promised before has been fulfilled. [爱心] 3: Not buying more crypto assets is related to the current state of the United States, at present, Musk and Trump are actively reducing government spending, in order to reduce inflation and stabilize economic development, this is a period of time for them to take a large amount of money to buy is certainly not appropriate, and Congress may not pass, but the document mentions that the Ministry of Finance and the Ministry of Commerce are authorized to formulate a neutral strategy to buy, what is neutral? That is, without spending taxpayers' money, you can sell other assets in exchange for a pie, such as selling part of the gold in exchange for a pie, such as insurance and pension to buy in the market, and at the same time, buy reasonably without increasing expenses in disguise. [爱心] 4: The federal and state finances are independent, and the share reserve bill proposed by other states must follow the direction of the Trump administration, and the current Trump administration's direction has been very clear, so other states will also pass this bill one after another, with a scale of at least 10 billion, and Trump has decided so, and other younger countries will definitely follow in the footsteps of the big brother. [爱心] summary: the signing of this executive order is recorded in history, don't mislead others because of your ignorance, can't distinguish between good and bad, and then we will soon see the results of the audit of the federal government's position, and the departments will gradually implement the details of the executive order, as well as the content of tomorrow's summit, the morning sentiment selling pressure has come to an end, this is a good opportunity, after the sentiment the market will return to the structure of the trend, the current long-term trend rise has not ended, The short-term bottom rally is not over yet.
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[Trump's executive order, read it carefully]
Yesterday I talked to you about the long-term and short-term impact of the White House summit on the market, and today Trump signed an executive order on the strategic reserve of the pie, which will include bitcoin in the national share reserve, and will not increase the cost to taxpayers to buy more bitcoin at present, but will use the 200,000 pies previously owned by the federal government as an injection (these were seized and confiscated in the past), promising not to sell this part of the assets, and the executive order authorizes the Secretary of the Treasury and the Department of Commerce to develop a budget-neutral strategy to obtain more pie.
[爱心] 1: Trump fulfilled his promise before taking office and included the pie in the strategic reserve while not selling the reserves, which is particularly good for the crypto market in the long run, so why is it falling in the short term? Because of emotions, because of high expectations, because of the over-interpretation of retail investors in the Asian market, many new friends like to listen to the views of analysts and some information, but the crypto market is mixed, and there are many technical analysts who don't even understand the interpretation of macro data such as the basic non-farm unemployment rate, let alone track the on-chain data, they will only look at the K-line pattern, so after the news is announced, many people over-interpret the "will not buy more crypto assets" in the document, misleading many retail investors, and even taking the lead in scolding Trump for garbage.
[爱心] two: What I want to say is, did you really read the original text carefully? Did you read it? Is the announcement of Trump's executive order, which we have been waiting for, just how many flatbreads do we want him to buy? Not at all, what we need in the market is for the U.S. government to recognize the value of Bitcoin, endorse Bitcoin, so that the pie can truly be in line with international standards, move towards the formalization of investment assets, and allow more countries to participate, this is the result we want, but in fact, everything Trump promised before has been fulfilled.
[爱心] 3: Not buying more crypto assets is related to the current state of the United States, at present, Musk and Trump are actively reducing government spending, in order to reduce inflation and stabilize economic development, this is a period of time for them to take a large amount of money to buy is certainly not appropriate, and Congress may not pass, but the document mentions that the Ministry of Finance and the Ministry of Commerce are authorized to formulate a neutral strategy to buy, what is neutral? That is, without spending taxpayers' money, you can sell other assets in exchange for a pie, such as selling part of the gold in exchange for a pie, such as insurance and pension to buy in the market, and at the same time, buy reasonably without increasing expenses in disguise.
[爱心] 4: The federal and state finances are independent, and the share reserve bill proposed by other states must follow the direction of the Trump administration, and the current Trump administration's direction has been very clear, so other states will also pass this bill one after another, with a scale of at least 10 billion, and Trump has decided so, and other younger countries will definitely follow in the footsteps of the big brother.
[爱心] summary: the signing of this executive order is recorded in history, don't mislead others because of your ignorance, can't distinguish between good and bad, and then we will soon see the results of the audit of the federal government's position, and the departments will gradually implement the details of the executive order, as well as the content of tomorrow's summit, the morning sentiment selling pressure has come to an end, this is a good opportunity, after the sentiment the market will return to the structure of the trend, the current long-term trend rise has not ended, The short-term bottom rally is not over yet.