【Trend Analysis】Trump's inauguration, FTX payout, BTC's January market outlook can be expected

The madman said...

After Paul's speech caused a big drop, the Eastern countries have woken up. There is no expectation of an interest rate hike in Japan, and the market rebounded tepidly. This indicates that Asian funds are unable to recover from the frenzy, which is the result of being exhausted by multiple 'wolf cries'.

To sum up, the peak of this year has already been reached. As for the pullback and the start of the rise next year, it can be studied slowly in January. The next ideal peak is around 10300, for reference only. The logic has been reflected in the previous articles. If you watch TV series, you should understand what I am talking about.

Don't be too pessimistic. In January, there is still 'understanding king' Trump's inauguration. This time, the understanding king is really coming to be the emperor, and the Senate is all his. It will be easy to push through the affairs of the Congress later. Today, Powell said that the Federal Reserve (Fed) does not have the qualifications to purchase Bitcoin, and does not want to seek legal changes to promote this matter. However, if Trump insists on promoting congressional legislation, it is not impossible for the United States to establish Bitcoin reserves, so the downside we see today may be the future reverse upside.

In addition, there will be FTX compensation in January, with a compensation of 16 billion U or fiat currency this year, some of which will flow back to the cryptocurrency market. In addition, the resumption of work of the US ETF can be seen. The market in January is still worth looking forward to. Therefore, this pit is likely to be dug at the end of December or early January, and this timing is worth paying attention to for the funds that have fled the market.

When the madman talks about risk, there is a group of voices on x that rush blindly and fear no risk. Please pay attention to these voices. When they panic and suspect that the bull has gone, it is time to pick up the weapon. The market always goes against human nature. Avoiding noise and investing in one's own logic is the best strategy.

Disclaimer: The article represents the author's personal views and opinions, not the views and positions of Gate.io. All content and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and trades, and the author and Gate.io shall not be responsible for any direct or indirect losses incurred by investors in their transactions.

<【Trend of the madman】Trump's inauguration, FTX payout, Bitcoin's January market can be expected> This article was first published in "Block Times".