- [Review] -
Sorry, sorry, had to deal with something, just returned. Starting today, everything will be back to normal.
- [Today's Market Analysis] -
Old Liquor Trading Diary: Daily Analysis 6.12
① Intraday ultra-short-term - Resistance: 67900
Short positions may be taken at this level depending on the situation. If there is a valid breakthrough, then look at 68500. That's about it. If it can reach 68500, this hourly rebound is considered quite strong.
② Intraday ultra-short-term - Support: 65850
If the market rebounds to the top and then falls, after falling below the previous low of 66050, there is a high probability of choosing to stop the fall at the 65850 level. After a successful stop, a larger-scale rebound will begin.
Summary: The short-term trend has temporarily entered the realm of the bear. The trading strategy for the time being is mainly focused on short positions. Right-side long trades can be conducted based on the key support positions.
- [Cryptocurrency News] -
After meeting with mining industry leaders, Trump demands "Made in America" Bitcoin.
Donald Trump reiterated his support for Bitcoin. On Wednesday, he held a meeting with several executives from American cryptocurrency mining companies.
On June 11, the presidential candidate posted on his "Truth Social" website under Trump's name, expressing his hope that "all remaining bitcoins are made in America," claiming that this would help the United States "dominate the energy sector."
He claimed that Bitcoin is the "last line of defense" against central bank digital currencies. Federal Reserve Chairman Jerome Powell stated in March that the United States is "far from recommending or adopting any form of central bank digital currency."
Previously, Trump hosted Bitcoin miners at his Mar-a-Lago estate in Florida.
Amanda Fabiano, a member of the TeraWulf board of directors, stated that the organization discussed with Trump how Bitcoin mining can help "strengthen the grid and promote employment."
Matthew Schultz, Chairman of CleanSpark, stated that Trump promised to support the industry if he is elected president in November.
Amanda Fabiano stated, "Our industry is facing significant political struggles, all of which are caused by misinformation and misleading statements. Our industry needs politicians who are interested in understanding the benefits of Bitcoin and Bitcoin mining."
President Joe Biden has proposed a 30% electricity tax on the country's Bitcoin miners, and the industry is facing increasing political pressure in terms of emissions, energy consumption, and potential impact on the grid.
Trump previously stated in 2021 during his presidency that Bitcoin "looks like a scam," but has recently changed his strategy, seemingly to please the well-funded group in the industry ahead of the 2024 presidential election on November 5.
He emphasized recently that the United States cannot afford to be "second" in cryptocurrency matters, even declaring himself the "Cryptocurrency President" at the beginning of June.
The billionaire began accepting cryptocurrency to fund his presidential campaign at the end of last month and hosted a dinner for holders of his Mugshot non-fungible tokens last month.
Trump was convicted of 34 counts of falsifying business records on May 30 and met with his parole officer for the first time on June 10.
No problem, this is still the Trump we know, able to pick up and put down, in the face of interests, nothing else matters.
Personal opinion, for reference only
Official account↓↓↓
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