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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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The chairman of the U.S. Securities and Exchange Commission mentioned in today's live broadcast has taken office, so coins like sol doge that may approve Spot ETFs can be bought. Additionally, U.S. media revealed that Musk might resign from the Department of Efficiency, and even names of potential successors to Musk have been mentioned. Musk's resignation would be favourable for both TSL and DOGE. We can lie in ambush for now. Bitcoin's short-term pressure is around 91800-92000. There is a pullback risk here, as the dollar falls, Bitcoin is seeing capital inflows. However, if Trump can't move Powell, the dollar's decline will slow down, and Bitcoin will lack upward momentum. Do you think Trump can manage to deal with Powell? I don't think so, so 92000 is a significant level.
The Federal Reserve itself is independent of the U.S. government and is not controlled by it. The president is merely a spokesperson for the government, the highest-level worker, and serves capital. If one goes against capital, the outcome is predetermined. Donald Trump still doesn't understand the essence, while Biden is relatively much smarter than Donald Trump.