Tonight there are 3 pieces of news on YeXian worth paying attention to.

1. The tariff issue is postponed for one month, which does not mean that there will be no tariff increase. It means that tariffs will still be imposed, so you can calculate the approximate time of the next decline by yourself. This is like telling you the cards openly. You just need to pay attention to the date and remember to make an advance. Don't say that the negative news has been fully released, that's not true. Negative news is negative news.
2. The news conference on the White House opening up a cryptocurrency news conference belongs to the category of positive news. Regardless of what was said, it will have a positive effect in the short term. However, this matter does not directly promote or drive large amounts of off-exchange funds into the market. Currently, it is still more of a FOMO situation in the on-exchange market. Keep a clear mind psychologically. Don't rush to be the last one to join the trend.
3. The Sovereign Wealth Fund established by D-Wang is equivalent to bypassing the presidential ban, meaning that this institution represents the will of someone. Some things that cannot be done due to the ban, such as promoting D-Wang Coin or promoting other coins, can be done by this institution. And the market will also 'comply with the order'. It is like a 'white-gloved' institution, which is a very clever way to save the country indirectly. For example, if the Federal Reserve does not support BTC as a strategic reserve, but this Sovereign Wealth Fund reserves it, then retail investors and other institutions will naturally follow suit and buy during D-Wang's term.

Finally, what I want to say is, to correctly understand some news, in tonight's live broadcast I found that many friends still like to "make a wish" trading, that is, because I hold spot or long contract, there will be excessive interpretation of some news, or unrealistic fantasies about future expectations.
As a trader, you need to maintain a clear mind and rational judgment. We are not pessimistic, but we also don't have high expectations for the market. Without hope, there will be no disappointment. If you want to survive and make money in this market, you need to start by abandoning human nature. Avoid excessive joy and sorrow. If you make a profit, there is no need to shout about it everywhere. If you lose, there is no need to be secretly sad. In the trading market, there are gains and losses, and no one is always a winner.
As long as there is overall profitability within the period, it is enough. Do not demand too much from yourself and the market.
Finally, brothers, early!