Last night, former President Donald Trump made a statement indicating plans to include multiple cryptocurrencies as part of the reserve system. This announcement sparked a surge in the cryptocurrency market. However, despite the short-term boost, we believe the broader market trend will remain unaffected by such political moves. After the initial excitement subsides, the market is likely to return to its original rhythm and structure.Recent Trading Opportunities and Market MovementsFor some time, we have been positioning ourselves to capitalize on the buying opportunity around the 85,000-86,000 range. Following entry, prices unexpectedly dipped further, with last week’s price bottoming out at approximately 78,000. However, Friday's significant lower shadow and the support at the previous g

Last Friday, U.S. stock markets experienced a broad decline, with the Nasdaq dropping over 2% in a single day. This resulted in a clear bearish weekly candlestick pattern. Combined with similar performances from the other two major indices, concerns have arisen about whether the prolonged inability to reach new highs might lead to a sustained correction.The majority of the Nasdaq's losses last week were concentrated on Friday. While the market remains in a consolidation phase at high levels and there are no apparent adverse developments in market sentiment or themes, auxiliary indicators suggest caution regarding a potential pullback. At the current level, chasing highs is not advisable. Whether it is feasible to attempt short positions depends on how the next one to two weeks play out aro

In the past one to two weeks, various asset classes have shown slight divergences in their movements. Notably, the U.S. dollar, influenced by Trump's tariff-related discussions, experienced a pronounced spike followed by a pullback, with short-term corrections continuing. Although the market’s broader retracement is not yet over, the U.S. dollar remains one of the strongest currencies in the medium term. Therefore, when prices are favorable, trading the dollar with a focus on wealth management and systematic investment remains a viable option. Comparatively, the dollar is not ideal for speculative trading, as achieving excess returns in this asset class is more challenging.Advantages of the U.S. DollarThe dollar holds several notable advantages, as previously discussed. Here, we will brief

I've long known that Trump doesn't play by the rules. But the fact that he launched a MEME coin over the weekend still makes me think that if he really gets a second term, he might bring huge risks to the financial markets. And this risk isn't just in the cryptocurrency market. You know, the audience in the cryptocurrency market is relatively small. This risk is likely to spread to the US stock market and even affect the global market.This weekend, people in WeChat Moments and groups were talking about how people got rich overnight with Trump coin. Actually, this kind of thing isn't new. People have made a lot of money from those so-called "shitcoins" and MEME coins before. And Elon Musk is also someone who likes to promote coins. But Trump is about to become the president again. Plus his

In the first week of the year, the U.S. stock index rebounded in a relatively calm environment. As weekly-level lows appear, important swing lows also appear simultaneously. Throughout January, if the stock price goes down again and breaks through the support, we need to be alert to large-scale correction that will follow.Due to the poor performance of heavyweights in the Nasdaq Index, there was actually a slight puncture in the previous weekly market. However, considering the overall synchronization of the index, we still believe that the support area formed by 21000/20983 has not fallen. The last time the Nasdaq broke weekly level was in 24 years, when it fell from 20,000 to around 17,000 at most. In addition, it should be noted that from the monthly chart, the index has left an obvious

Last week's Federal Reserve decision had no variables in terms of interest rates, and the interest rate cut of 25 basis points was in line with market expectations. However, at the press conference after the meeting, Chairman Powell gave the expectation of only two interest rate cuts in 2025, which was regarded as an eagle statement, so the market showed an obvious overall general decline. Although the short-term decline is obvious, for some trending varieties, the bad news is likely to bring better entry opportunities.From the news point of view, both the dot plot and the Fed's statement hint at an upward trend in medium and long-term interest rates. But it should be noted that the Fed is not much better at predicting the long-term economy than most market participants. This means that th

Judging from the existing answers, it is naturally yes. But what needs to be clear is that there is still more than a month before Trump actually moves into the White House.Before the general election, we once discussed the market in Bitcoin, when the price was still brewing a breakthrough below 70,000. "There is not much time left for the bulls" was the main judgment at the time. Because structurally speaking, the adjustment cycle is completely sufficient and sufficient for more than half a year, and that price position, whether it is Harris or Trump, will push for a breakthrough. Then sure enough, the bulls made the final breakthrough. Of course, it must be admitted that after the election results were released, this short-squeeze rise still exceeded expectations. Previously, the high po

Nvidia, the leader of U.S. stocks in the past two years, has not performed well in the past few weeks. Although the financial report is not bad, as the main promoter of the "predecessor" Biden, it is obvious that some glory is no longer in the context of Trump's second entry into the palace. The fall in the weekly level of the previous week directly affected the price pattern. Will this mean that the U.S. stock market will take the lead in the change in the future cycle, or will the trend itself change?Nvidia once fell below the weekly low at the end of October last week. Although it finally recovered and left a lower shadow line, it still ended the bullish pattern of "higher lows" after the June adjustment. Looking forward, the fall of the weekly swing low can be traced back to a year ago

The period from Trump's victory in the US election to his official entry into the White House looks expected to make a smooth transition. In addition to Biden's official statement, the crude oil market also gave the same signal. Although the key low of 63.6 was repeatedly tested, the bulls were able to save the day, which implies that there will be no obvious change in risk appetite in the short term.The three key range positions of crude oil: 63-70-84 respectively represent the lowest point of the range, the level of repurchased crude oil reserves previously stated by the US government, and the central axis price in the past two years. Although after the first quarter of this year, oil prices remained trading below the central axis level, and seemed to rebound one wave after another, the

At the end of October, before the US presidential election, we specifically pointed out that gold had reached the medium and long-term target position, and it was time to take profits. At that time, the price of gold was around 2750. Although there were higher highs afterwards, looking back now, it was obviously a suitable appearance. In addition to price changes, more importantly, short-term and medium-term trends, and even long-term structures, gold shows obvious signs of loosening.First of all, from the perspective of the weekly situation, gold broke through the swing low last week, which was the first time since the autumn of 2023, when gold had not yet set a new record high. Generally speaking, if this low point is no longer gradually raised, it means that the obvious rally has stoppe

The much-anticipated U.S. election finally revealed its outcome last week: although Trump seems to be very close to Harris in traditional polls, it actually ended with Trump's big victory. With the second entry of this old acquaintance, the capital market also began to give some feedback. So what assets and changes are worth watching for us?About the crypto marketThere is no doubt that this is the strongest variety after the news that Trump is about to take office. Mainstream coins represented by Bitcoin and a number of altcoins have experienced huge gains in just one week. On the one hand, Trump showed the characteristics of a pro-crypto market during the election campaign; on the other hand, his main election assistant, Musk, is also very keen to "shout" on social media.Although we were

The U.S. election is about to give its final answer this week. The ups and downs of swing state data have caused some sensitive assets to take a roller coaster trend around last weekend. However, there are still some varieties fluctuating within a narrow range. Obviously, their breakthrough direction is likely to determine the market tendency in the next stage.Today we are going to talk about copper, which we haven't talked about for a long time. As a wide variety similar to crude oil, copper prices have gone out of a complete bull market and bear market in the first 11 months of this year, and are now just at the central axis level. What's more interesting is that in the past half month, the price has been running within a narrow range of 4.3-4.4 X.Copper has always been said by Dr. Coppe

The final chapter of the annual drama American election will come soon. As a hot spot that was regarded as more important than the Fed's interest rate cut at the beginning of the year, how will the election results affect the short-term, medium-and long-term development of the market?In terms of short-term fluctuations, we believe that the main difference between Harris and Trump will be the option of controlling the market. Although the risky assets represented by U.S. stocks have maintained a slow bull pattern recently, the continued weakness of oil prices still indicates that the market is currently expensive.If Trump takes office, it is very likely that he will start smashing the market after officially entering the White House. Or on the day of the general election, it is expected tha

The time node when silver compensated for the increase and the RMB exchange rate triggered the rise of precious metals in the internal market + various news and fundamentals gathered. These top features that have been talked about before are emerging one after another. As an old bull who has been bullish on gold for many years, now I am more cautious and waiting for a signal to exit. Always remember that pulling the market is the best way to sell goods. Don't go up or chase high is the only way to avoid deep traps and losing money.Silver showed a significant upward trend last week, breaking through the high in mid-May, and opening further higher this Monday. Obviously, the recent comparison of gold and silver trends has completely matched the compensatory effect of silver's late-coming fir

The last time we talked about cryptocurrency was 2-3 months ago, when Bitcoin had just completed a mid-level zigzag adjustment, and it looked like it was about to restart its rally. However, the advancement of the market is another result. The larger A-B-C correction has not broken through the downward channel by mid-October. Considering the approaching time of the U.S. election and the high levels of gold and the other two carriages of the U.S. stock index, the time to keep a long position seems to be increasingly limited at present.From the perspective of the weekly level, Bitcoin once fell below the 50,000 mark in the previous round of deep exploration, which made its height drop significantly even if the subsequent upward market was launched. At present, according to the form, it may b