Today, I was talking about this with the old man @Trader_S18. I'm still holding my long positions mainly because I believe Trump hasn't played all his cards yet. What he needs is support and a thriving stock market. Even if he has to force a lifeline, he wants to avoid a recession during his term. Therefore, I still think there aren't major issues with $BTC and $ETH, especially since the correlation between BTC and the US stock market is very high. It can be said that as long as the US stock market doesn't have problems, Bitcoin's stability is still there.

Moreover, weekends are typically times of extremely low liquidity, so it largely depends on investor sentiment. As long as sentiment is stable, prices can remain stable. If sentiment turns to FOMO, prices can explode. Therefore, as long as the market is in an optimistic mood, I won't short.

This article is sponsored by #Bitget ｜ @Bitget_zh

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