Daily Briefing


=====
Release Date: 2025-05-31

Overall market sentiment
=====
Bitcoin has fallen for five consecutive days, with high market attention on the $100,000 threshold. Most traders believe this is an intentional accumulation opportunity created by Trump’s team and other institutions. The main price range to watch is between $103,000 and $100,000, with $102,775 seen as a key support point.

Hot Topics
=====
• Traders believe that the market downturn may be a deliberate opportunity for large institutions to accumulate assets. Trump Media has raised $2.3 billion and plans to purchase approximately 20,000 Bitcoins, possibly hoping to complete its positioning at a price above $100,000.
• Most people believe this is a typical case of market manipulation, first using celebrity effects to attract retail investors to go long, and then deliberately creating negative news (such as imposing a 50% tariff on steel and aluminum products) to drive prices down.
• The technical analysis shows five consecutive negative daily closes, and the market may consolidate around 100,000 in the short term, but the long-term outlook remains positive, although most retail investors may not be able to withstand the decline due to panic.
BTC-0.29%
TRUMP-0.13%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
ColdPondvip
· 06-01 05:36
All in
View OriginalReply0
Atayavip
· 06-01 03:59
All in
View OriginalReply0
CarefreeSixKidneysvip
· 06-01 00:30
All in
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)