After waking up, the richest man and the president argued all night, and it turned out that our wallets were emptied.
Spot market players in the secondary market are wailing, while chain players are frantically riding the trend, getting extremely excited.
But if you calm down and take a look - the market was actually weak, not just starting today, it has been weak for several days. Although I'm fully invested without moving, honestly, it's not because I'm bullish, but after falling to a certain point, people automatically develop an illusion of "isn't it about to surge?"
To be honest, there's not much active capital on the chain side, and some hot coins can't pull up volume and price. But I'm watching a few projects to buy the dips - especially on BSC, which surprisingly hasn't fallen! Why? Because the control is too strong + there's a hard warehouse behind it, not giving you a chance to get cheap chips. The current market is both cold and cutting, to survive, you must be colder.
Bitcoin breaks through key support, Trump-Musk conflict intensifies market risk aversion
In the past 24 hours, affected by tight macroeconomic conditions and long-term holder selling pressure, #Bitcoin once dropped nearly 3%, touching a low of $100,500, approaching the $100,000 mark, currently reporting around $102,180. Bulls investors suffered heavy losses, with market sentiment leaning bearish.
Meanwhile, #Musk and Trump's public conflict escalates. Musk warned on X platform that Trump's proposed global tariff plan could trigger an economic recession in the second half of the year. Swyftx analysts believe the Federal Reserve may therefore delay easing policies, dragging down economic recovery.
Trump stated on "Truth Social" that canceling subsidies for Musk's related enterprises would save the government billions of dollars. Musk once retorted that he would retire SpaceX's Dragon spacecraft, then withdrew the statement. Will this century-old verbal battle continue, or are they about to shake hands and make peace?
Doge under short-term pressure, key support and resistance levels need attention
Currently, #DOGE price is below $0.1850 and the 100-hour moving average, showing a downward technical trend. The hourly chart shows DOGE/USD is facing resistance from the key downward trend line at $0.1880.
Short-term resistance is at $0.1760, $0.1840, and $0.1880 respectively. If it effectively breaks through $0.1880, it may test $0.20 or even the $0.2050-$0.2120 area. Conversely, if it fails to break $0.1850, the price may fall back, with initial support at $0.1685 and $0.1650, with key support at $0.1550. Once it breaks below this level, Doge may accelerate downward to $0.1350 or even $0.1320.
The article ends here! If you're lost in the crypto, consider joining me in layout and harvesting from the warehouse! You can join the community VX+Q group (join group+Q: 3806326575), get market analysis, individual coin recommendations, and positive news, layout in advance, and have irregular live market analysis! You can also ask questions in the group and get the best answers!
