Today is the 338th day I've been writing posts dynamically, without a single interruption. Each piece is not done half-heartedly, but is carefully prepared. [微笑] If you think I'm a serious person, you can follow me, and I hope the content every day can help you. The world is vast, and I am small, so please follow me to avoid difficulty in finding me. [微笑][微笑]

Will the big pie draw the door during the day and the V reversal happen at midnight?
First, we need to understand why V反. The stablecoin bill was passed by the Senate in the early morning! The stablecoin bill is something that Trump has been urging to be passed in August this year!
The next step is that the House of Representatives and the President will sign it, and there’s no suspense in it! After all, how much credit did Trump contribute to crypto while being president? Although the strategic reserve passed in a clumsy way, it still passed. It's better to get in first, and later operations can be adjusted as needed; as long as it's legal, everything can be negotiated!

The passage of the stablecoin bill is a major positive for Bitcoin and ETH, and stablecoins are likely to be issued on the ETH chain. Currently, the Senate bill on stablecoins has only been a temporary success, with short-term effects on the market. It hasn't taken off directly, and there is still a long way to go.

Short-term favorable market fluctuations, the strategy remains unchanged, looking for a consolidation and downward trend to wash out positions, waiting for the interest rate cut to confirm the start of a new bull market. We have prepared two trading plans, for breakouts and breakdowns. If we do break out, there will also be an opportunity to retest 110000 after the breakout. If it breaks down, it's simple; both a rebound short and buying the dip are OK.