
陈剑Jason 🐡|Mar 03, 2025 00:40
Despite the peaceful and joyful atmosphere today, I personally am still quite concerned about the short-term trend. Firstly, today is mainly due to Trump announcing a package of cryptocurrency strategic reserve plans, but there is a very uncertain factor in it, which means will be used to complete the reserve? According to Trump's extremely selfish style as a businessman, he has always adhered to the principle of not spending money if he can go for free. It is difficult to expect him to spend money to buy reserves and then "pull the cart". The US fiscal deficit has reached $1.83 trillion, and landlords have no surplus food. Therefore, Trump is likely to complete the reserves in a way that does not require spending money, such as requiring the government to no longer sell its own BTC, allowing cryptocurrency related companies to use BTC to pay taxes, and even actively contribute through donations. For example, this time SOL, ADA, XRP, and possible future APT, SUI, MOVE, etc., a large number of companies are queuing up to pay their share of the money, which is equivalent to publicly disclosing it. Auction a huge billboard.
If the money is not used to complete the reserve, the nature of the benefit is essentially like a lock up, that is, the funds flowing into the strategic reserve will not be sold again for a long time, such as offsetting the previously feared negative impact of the US government on the market, and will not really be like BlackRock or Micro Strategy throwing money in to pull the market.
Secondly, in addition to today's news on strategic reserves, the upcoming White House cryptocurrency meeting on the 7th is also catching everyone's attention. However, the market did not have much expectation for this meeting itself, because when the news of the meeting was first released two days ago, the market did not react much, and the mood was too bad at that time. But today, with the addition of strategic reserves, everyone had expectations for the meeting. However, the previous cryptocurrency meetings led by the Trump administration did not bring any substantial benefits to the market. Secondly, the market is too fragile now, and the ups and downs mentioned earlier are just words from others, completely deviating from logic and fundamentals. Everyone is a frightened bird, walking like a dog. Round and round, So if the news released during the meeting on the 7th does not weigh heavily enough to completely exceed expectations, whether it is not as expected or meets expectations, the market may not be able to hold on.
What the market lacks is large funds that can truly continue to flow in, and everything else is just stimulants and smoke bombs. Currently, this can only be provided by the Federal Reserve. Everyone eagerly seeks rain from the Federal Reserve, the Dragon King, hoping to sprinkle some sweet rain. If the Dragon King can loosen his grip at the Federal Reserve meeting on March 18th, this will be the sustainable way to make the market improve.
Attention: I am not singing a bad song, and my thoughts are bound to go wrong. Any analysis is not a prophecy, just like what I said this morning. Now that my own egg is in someone else's hands, the ups and downs are just words from the other party.
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