Reasons for BTC's drop last night: 1. The Trump family transferred 4259 BTC, worth $344 million, presumably for sale. 2. US stocks fell, dragging down Bitcoin. 3. Spot ETFs saw net outflows again yesterday. 4. Technical adjustment: Bitcoin rebounded on the daily chart, touched the MA60, and then fell back under pressure. 5. Clearing out leveraged long contracts. 6. The biggest factor is psychological pressure; a Democratic administration would likely target Musk and liquidate cryptocurrencies. In summary: Trump's presidency has brought no benefit to ordinary cryptocurrency traders; it has been a disaster and a trap. Tell your next generation: family motto: Never quit drugs, never trade cryptocurrencies! Because even tigers eat people, any president is just a bunch of charlatans, a makeshift administration. These American presidents are either 70 or 80 years old; they don't even know how many days they have left. Where do they have the time to care about the survival of ordinary people? What do you think? Leave a comment below.