Phyrex
Phyrex|May 08, 2025 08:23
For two consecutive working days, the market has started to pull around 6am. Yesterday, it was mentioned that there is a high probability of fluctuating between $93000 and $98000. Although it has broken through, I personally maintain a "cautious and optimistic" state. Last night, I opened a short order at a low price of $97500, which is a bit painful now. I am still considering whether to cut losses. This rise should still be driven by events. On the one hand, it is due to the United States' unbinding of AI chips and some progress in tariffs. On the other hand, after the first New Hampshire state passed it, two more states have successively passed strategic reserves related to cryptocurrency, namely: 1. Oregon SB167 has been signed into law, updating the state's Uniform Commercial Code and providing much-needed clarity on how to handle digital assets (such as legally recognized as collateral). 2. Arizona HB749 has been signed into law, which does not allow direct investment, but transfers unclaimed assets, airdrops, and pledged rewards to reserves. 3. Arizona SB1373 is already on the governor's table, and after passing HB749, it can be felt that Governor Hobbs is willing to enact legislation supporting cryptocurrency. 1373 is also a strategic reserve, but it does not use pension funds. I really don't think we should go short now, I'm just a stupid role model. Because it is difficult to predict what will happen, Trump's brain holes have been reduced recently, and the bad luck may also be reduced. But I do believe that there is a high probability of a fluctuation between $93000 and $98000 at the moment, even if it is slightly higher. Of course, it is very likely that I am wrong. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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