TRUMP/USDT BACK TO $20?Trump showing on a low time frame new uptrend volume, This volume can build a new low time target for Trump as $20 USD +
Trumpcoin
Is TRUMPUSDT Ready for a Major Breakout?Yello, Paradisers! After an extensive downtrend, #TRUMPUSDT is finally showing signs of life, breaking above its descending resistance. Could this be the start of a powerful move higher? A potential deviation pattern is forming, which might act as a trigger for upside momentum—here’s what you need to know.
💎#TRUMP is now approaching a critical resistance zone between $21.20 and $22.80—this is the level that needs to be breached for bulls to take full control. A clean breakout here could send TRUMP soaring toward the $29.50 - $30.50 region, where the first significant resistance awaits. Some profit-taking is expected at this level, so bulls need to push with conviction.
💎Moreover, if buyers can overwhelm the $30.50 zone, TRUMP could enter a massive rally toward $40 - $44, where the 50% Fibonacci resistance sits. This is a major level that demands caution, as it has the strength to trigger a reversal.
💎On the downside, TRUMP is establishing a solid support zone at $17.00 - $16.15. If this level holds in the next few hours, bulls could launch a strong push higher. This zone has already absorbed selling pressure, making it a key area for bulls to defend.
Paradisers, as always, patience and precision are key in this market. This isn’t a time for reckless trades—let the levels guide you, trade strategically, and stay disciplined.
MyCryptoParadise
iFeel the success🌴
TRUMP coin dropped 77% as i warned youTRUMP coin dropped 77% as i warned you
what should we do the next??
TRUMP Token Analysis: Is This Best Buy Zone Before a +40% PUMP!?Today, I decided to re-analyze the OFFICIAL TRUMP token( BINANCE:TRUMPUSDT ) for you; if you want to have the TRUMP token in your portfolio, in what range can you buy this token, and at what prices can you sell it with a profit or even prevent further loss?
TRUMP Token started correcting after all the hype, after the news of the launch of the Official Melania Meme token ( BINANCE:MELANIAUSDT.P ) and has dropped more than -60% from its All-Time High(ATH) .
TRUMP Token is moving near the upper line of the descending channel and the Resistance zone($32-$30) .
According to the theory of Elliott waves , the TRUMP token seems to be completing microwave 5 of microwave c of the main wave Y . The main wave Y could end in a Potential Reversal Zone(PRZ) and be another opportunity to buy TRUMP Token , of course, with capital management in mind .
I expect the TRUMP token to start rising again after the -15% decline from the close of the lower high line of the descending channel and the Support lines and at least a +20% increase .
Note: Of course, the FOMC Statement, Federal Funds Rate decision, and Press Conference can affect the general trend of the crypto market and the TRUMP token.
Note: If the TRUMP token goes below $22.00, there is a possibility that the fall will continue.
Note: However, concerns have been raised about supply concentration, with 85% of the tokens controlled by Trump's team, who have reportedly liquidated approximately $500 million worth of tokens. This situation poses potential risks for retail investors.
What do you think about the TRUMP token? Can the TRUMP Token rise again, or is it forming a Dead Cat Bounce Pattern ?
Please respect each other's ideas and express them politely if you agree or disagree.
OFFICIAL TRUMP Analyze (TRUMPUSDT), 1-hour time frame.
Be sure to follow the updated ideas .
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trump Coin Falls Below Key Level – Time for a Short Trade...?TRUMP coin has recently dropped below the significant threshold of $24, indicating a potential bearish trend. This decline may be exacerbated by the intensifying global trade tensions involving major economies such as the USA, Canada, China, and Mexico. As these nations engage in escalating trade disputes, the resulting uncertainty could increase market selling pressure. Traders and investors should exercise caution and closely monitor market developments, as fluctuations may continue amid these geopolitical challenges.
Mr.Million | $TRUMP Chart Update and my current holdingI shared recently why I was long on $TRUMP and purchased $500k worth!
I am liking how this chart is unfolding – Why? The slopes of the trendlines (in white) are getting less and less negative!! 🔥
I will be DCAing ($500k per buy) until I build my full $5M position. So, personally I wouldn’t mind $TRUMP dipping further!
⚠️ Only buy on dips! If it rips, stop averaging down and let it fly. 🚀 💸
I THINK SHE’S BULLISH
LOOKS LIKE THERE IS GOOD SUPPORT AROUND $31 range AND COULD PUSH 39-49 RANGES SOON.
CALLS ABOVE $34.50
PUTS UNDER $30.00
THE CHART ABOVE IS 4HRS 🐦⬛
TRUMPUSDT – Ready for a Rebound or Further Decline?Key Moment for TRUMPUSDT: Buy Signal or Last Warning?
The market is at a crossroads, and TRUMPUSDT is no exception. Currently trading at $24.179, this asset has plummeted over 70% from its all-time high of $83.041, recorded just 13 days ago. Such a steep decline begs the question: is this the moment of capitulation, or the perfect time to buy the dip?
Technicals indicate oversold conditions. RSI(14) at 30.9 signals that sellers may be exhausting their momentum, while MFI(60) at 38.1 suggests a potential inflow of smart money. However, the price remains below key moving averages (MA50 at $26.29, MA100 at $27.26, and MA200 at $28.47), meaning a breakout is needed to confirm a trend reversal.
Recent patterns show a battle between bulls and bears. Yesterday's heavy selling pressure pushed the price near its key support at $21.08, but today’s increased buy volume hints at possible accumulation. Resistance stands firm at $26.09—a level that, if broken, could trigger a short squeeze toward higher targets.
The market is offering a challenge: is this the bottom, or will we test lower levels before a major recovery? Will you seize the opportunity, or wait for confirmation?
Roadmap: TRUMPUSDT – A Pattern-Based Guide to Market Moves
1. The Beginning of a Trend – The Sell-Off Cascade
2025-01-27 15:00 UTC – VSA Manipulation Sell Pattern 2nd
Main Direction: Sell
The market signaled a significant downward shift as sellers took control. A confirmation of this bearish movement came shortly after, when price failed to hold support and started a cascade of lower highs.
2025-01-27 16:00 UTC – VSA Manipulation Sell Pattern 1st
Main Direction: Sell
Confirmed the earlier trend as price continued declining, closing below its open and reinforcing downward pressure. This movement set the stage for an even sharper fall.
2025-01-28 00:00 UTC – Increased Buy Volumes
Main Direction: Buy
Despite a temporary buy-in, price action in the following pattern suggested that this was a weak bounce. The asset managed to push upwards but failed to break out significantly, signaling an overall bearish trend remained dominant.
2025-01-28 03:00 UTC – VSA Manipulation Sell Pattern 2nd
Main Direction: Sell
This sell-off confirmed the weakness of the previous buy attempt. The price declined further, aligning with the broader trend, proving that the sell signals were valid.
2. Bullish Recovery: The Market Fights Back
2025-01-29 14:00 UTC – VSA Manipulation Buy Pattern 1st
Main Direction: Buy
This marked the first major attempt at a bullish reversal. The price started to climb, breaking through short-term resistance zones and attracting momentum traders looking for long positions.
2025-01-29 19:00 UTC – Increased Sell Volumes
Main Direction: Sell
Despite bullish attempts, sellers made a strong comeback, leading to another test of support. However, this time, price action suggested exhaustion among sellers.
2025-01-29 20:00 UTC – Sell Volumes Takeover
Main Direction: Buy
Contrary to its name, this pattern actually set up a bullish movement as buyers absorbed sell pressure and pushed prices higher, leading to a confirmation of a bullish trend.
3. The Confirmation Rally
2025-01-30 05:00 UTC – VSA Manipulation Sell Pattern 3rd
Main Direction: Sell
A minor pullback tested the bullish momentum. However, the next sequence revealed that this sell pattern failed to hold, invalidating its significance in the broader market trend.
2025-01-30 13:00 UTC – VSA Manipulation Buy Pattern 4th
Main Direction: Buy
The bulls took full control. A steady price increase confirmed the direction, marking this as a key turning point in the market.
2025-01-30 20:00 UTC – VSA Buy Pattern Extra 1st
Main Direction: Buy
An explosive breakout followed, pushing price action toward a critical resistance level. This confirmed the accumulation phase was over, and a potential bullish continuation was on the horizon.
4. The Final Surge and Market Indecision
2025-01-31 00:00 UTC – VSA Manipulation Buy Pattern 5th
Main Direction: Buy
This was the strongest bullish confirmation yet, as price rallied past key resistance levels and settled in an uptrend.
2025-01-31 07:00 UTC – VSA Manipulation Sell Pattern 1st
Main Direction: Sell
This pattern hinted at a potential reversal, but the market held its ground, suggesting that bullish strength was still dominant.
2025-01-31 09:00 UTC – VSA Manipulation Buy Pattern 3rd
Main Direction: Buy
Final confirmation of an ongoing rally. The price established a higher low, creating a structure that traders could use as a base for further upside moves.
Conclusion: Where Does TRUMPUSDT Go Next?
The roadmap reveals a key transition from a strong bearish phase to a confirmed bullish reversal. With increased buy volumes and multiple successful bullish confirmations, the asset is now poised to challenge resistance levels. However, traders must remain cautious, as future sell signals could indicate exhaustion and another retracement phase. Keep an eye on volume and price structure for further confirmation of the next move!
Technical & Price Action Analysis
Key Levels to Watch
Support Levels:
21.081 – If bulls can hold this zone, expect a bounce. If broken, it flips to resistance.
Resistance Levels:
26.095 – Major test level for bulls. A breakout here can fuel a rally.
54.034 – Long-term resistance. If price reaches this zone, expect a reaction.
What Happens If Levels Fail?
If support zones don’t hold, they become resistance on the next rally attempt. Likewise, failed resistance levels can act as support if buyers step in. Stay sharp, trade smart, and respect the key levels!
Technical & Price Action Analysis
Key Levels to Watch
Support Levels:
21.081 – This is the key support zone where buyers need to step in. If the price holds, expect a bounce and a potential reversal. If this level fails, it flips into resistance, making future upward moves more challenging.
Resistance Levels:
26.095 – The first major hurdle for bulls. A confirmed breakout above this level could ignite a rally. However, if sellers defend this zone aggressively, expect a pullback.
54.034 – Long-term resistance, and a psychological level where significant selling pressure is expected. If price reaches this area, expect strong reactions from both bulls and bears.
Powerful Support Levels:
Currently, there are no confirmed powerful support zones. Bulls must establish strong buying interest to create a reliable foundation for future upside moves.
Powerful Resistance Levels:
No powerful resistance levels have been validated yet. However, if price action struggles at key resistance zones, these areas could become strong walls of sell pressure.
What Happens If Levels Fail?
If a support level fails to hold, it flips into resistance, meaning any bounce attempt is likely to face selling pressure at that same level.
Similarly, if resistance is breached but price fails to hold above, it can act as a trap for breakout traders, leading to a fakeout and a strong rejection.
Price action will dictate the next moves—watch these levels closely and be ready to react accordingly. Stay sharp, trade smart, and respect the key levels!
Concept of Rays: Trading Strategies Based on Fibonacci Rays
Core Idea
My proprietary method is built on Fibonacci-based rays that define dynamic support and resistance levels. These rays predict key zones where price action is most likely to react, either reversing or continuing its movement. The key is to wait for confirmation via interaction with these rays before making a trade decision.
Why Specific Levels Can't Be Predicted
Financial markets are nonlinear and driven by multiple factors—liquidity, market sentiment, and macroeconomic events. Instead of attempting to predict exact price points, this method identifies **high-probability reaction zones** where price action provides clues for trade entries.
How the Rays Work
**Fibonacci Rays:** Each ray is mathematically aligned with the market’s natural rhythm, originating from the beginning of a move rather than extreme points.
**Adaptability:** When new price structures emerge, rays adjust dynamically, setting new interaction zones.
**Directional Guidance:** Ascending rays act as **support** in uptrends, while descending rays form **resistance** in downtrends.
**Moving Averages as Confirmation:** The intersection of Fibonacci rays with **MA50, MA100, and MA200** adds extra confluence for price reaction.
Trading Scenarios
Optimistic Scenario (Bullish Move):
If price interacts with an ascending ray near **21.081 (support)** and bounces with strong volume, this signals an entry for a long trade.
The **first target** is the next ray level near **26.095**, where partial profit can be taken.
If momentum continues, the **second target** is at **54.034**, a major resistance level.
Pessimistic Scenario (Bearish Move):
If price fails to hold **21.081** and breaks below it, this level flips into resistance.
A short trade can be initiated with a **first target** at the next ray intersection.
If bearish momentum accelerates, **the next target would be determined by the descending ray channel.**
Potential Trades Based on These Levels
**Long from 21.081 to 26.095** – Only after interaction with support and confirmation of strength.
**Short below 21.081** – If this level fails, look for a rejection and retest before entering.
**Momentum trade from 26.095 to 54.034** – If price clears 26.095 with volume, this becomes a strong continuation setup.
All these setups work **in conjunction with the VSA rays**, which users can see on their charts. **Entries should only be considered after interaction with the rays and confirmation of the movement’s direction.** Price is expected to move from one ray to the next, making each level a structured target for trade execution.
Let's Trade Smarter Together!
Got questions? Drop them in the comments! I always read them and try to respond to as many as possible. Let’s discuss market movements, key levels, and strategies together—your insights and thoughts are just as valuable as mine.
If you found this analysis useful, don’t forget to hit Boost and save this idea. Check back later to see how the price moves according to my markup—because understanding key reaction points is the real edge in trading.
All my Fibonacci Rays and dynamic levels are automatically plotted using my private indicator. If you're interested in using it, feel free to message me directly for details. It’s available only in Private Access.
Want an analysis of your favorite asset? I can do that! Some charts I publish for everyone, and some traders prefer a personal breakdown. Message me if you need something tailored—there’s always a way to work things out.
Remember, these rays work across all assets, and price consistently respects them. If you want a custom markup for your asset, just Boost this post and drop a comment—I’ll do my best to include it in my next analysis.
And finally, make sure to follow me on TradingView—this is where I post my best setups and ideas. Stay tuned for more insights, and let’s trade smart together!
TRUMPUSDT POI zoneI have only interest in this marked GAP zone for TRUMPUSDT. There is a lot of liquidity because of marked SSL wick and also GAP. This is the area I will look to buy this coin in Spot after bullish confirmation. So keep eye on this level.
TRUMPUSDT Perpetual Swap Contract (30M - OKX)
Analysis of TRUMPUSDT Perpetual Swap Contract (30M - OKX)
1. Trend Analysis
Short-term Consolidation:
The price is trading in a sideways range, fluctuating between 26.277 USDT (Demand Zone) and 28.866 USDT (Resistance/Fib 0.618).
The price is currently hovering around EMA 50 & EMA 100, suggesting indecision in the market.
Bearish to Neutral Outlook:
The price has not yet broken above the EMA 200, which means the long-term trend remains bearish.
There is a strong supply zone at 29.965 - 31.280 USDT, which could cap further upside movement.
2. Key Resistance & Support Levels
Resistance Levels:
27.877 USDT (Fib 0.382 - TP1): Immediate minor resistance level.
28.372 USDT (Fib 0.500 - TP2): Key resistance, a breakout above this level could trigger further upside.
28.866 USDT (Fib 0.618 - TP3): Strong resistance and a potential shorting area if rejection occurs.
29.570 - 30.466 USDT (Major Supply Zone): A breakout beyond this level could shift the trend to bullish.
Support Levels:
27.545 - 27.674 USDT: Local support range; if price breaks below, expect more downside.
26.277 USDT (Demand Zone): A key level where buyers previously stepped in.
25.288 USDT (Stop-Loss Zone): If the price falls below this, it could indicate a continuation of the downtrend.
3. Risks & Concerns
EMA 200 as Strong Resistance:
The price is still below the EMA 200, meaning any rally is still part of a corrective movement.
A failure to break above 28.866 USDT (Fib 0.618) could result in another move downward.
Low Volume Confirmation:
The current price movement lacks strong volume confirmation.
A breakout above 28.866 USDT needs to be supported by increasing volume for sustainability.
Potential for Fakeouts:
The price is in a consolidation phase, meaning fake breakouts can occur on both sides.
Be cautious of sudden liquidity grabs before real movement happens.
4. Trading Strategy
✅ Long Scenario (If Breakout Occurs):
Entry: If price breaks and holds above 28.372 USDT (Fib 0.500 Level).
Target 1: 28.866 USDT (Fib 0.618)
Target 2: 29.570 USDT (Fib 0.786 & Supply Zone)
Target 3: 30.466 USDT (Major Resistance & Fib 0.886)
Stop-Loss: Below 27.545 USDT to limit downside risk.
✅ Short Scenario (If Rejection Occurs at Resistance):
Entry: If price fails to break 28.866 USDT (Fib 0.618 Level).
Target 1: 27.545 USDT (Support Level)
Target 2: 26.277 USDT (Demand Zone Retest)
Target 3: 25.288 USDT (SL Zone & Further Downside)
Stop-Loss: Above 29.000 USDT to prevent getting trapped in a breakout.
5. Summary & Outlook
📌 Price is in consolidation, with resistance at 28.866 USDT and support at 26.277 USDT.
📌 A breakout above 28.866 USDT could lead to 30.466 USDT, while rejection may push price back to 26.277 USDT.
📌 Volume confirmation is crucial for any breakout movement.
🔎 Recommendation:
Watch for a breakout above 28.866 USDT before entering long positions.
If price rejects at resistance, consider shorting towards 26.277 USDT.
Let me know if you need further adjustments! 🚀📊
Trump Coin Marked the top in Solana - Bullish again at 1000maEver since the hype and network crowding caused by Trump coin on the weekend before Inauguration Day, Solana seems to have peaked and had trouble breaking out higher.
Add to that the new uncertainty from DeepSeek ai into tech, and the mood has soured in speculative assets.
In my opnion, short is the way for me for now, as solana and bitcoin are above all moving averages. And I will go neutral below 200 day moving aveages, and very bullish below 1000 da ema.
TRUMPUDST TRADING PONIT UPDATE >READ THE CHAPTIANBuddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ crypto Traders SMC-Trading Point update you on New technical analysis setup for crypto Trump coin 🪙. I think 🤔 trump USDT Boom 🤯 again back up trand 😱 24. 86 shtroing support higher level pullback up trand
Key Resistance level 32.02 + 39.94 + 47.38
Key support higher level 24.86
Mr SMC Trading point
Support 💫 My hard analysis setup like And Following 🤝 me that star ✨ game ☺️🎮
TRUMP coin - SELL it while u can!!!TRUMP coin - SELL it while u can!!!
i warned you yesterday to sell it
after price dropped 47%
TRUMP coin is down by 60% as i warned you!!TRUMP coin is down by 60% as i warned you!!
in previous analysis i shared to sell it because it's a sh**t coins
as u can see it dropped so much
Public trade #18 - #TRUMP price analysisFrom a high of $82, the price of $TRUMP fell -70%, thus "shaving off" a lot of big-shoulder hype traders.
1️⃣ Today, OKX:TRUMPUSDT is holding up quite well, so I would like to believe that the bottom has already been reached and that there will be a moment of growth, at least to $48.
2️⃣ On the other hand, according to the classics of the genre, after an abnormal pump, an asset usually loses -80%, which is around $16-16.50. Therefore, if the #Trump price moves towards updating the lows around $24.5, then we forget about it until $16.50
And we also remind you that the trading campaign continues until 03.02 👉
TRUMP | Donald Trump signs RADICAL Crypto Executive OrderPOTUS Donald Trump has issued an executive order aimed at creating a streamlined regulatory framework for digital assets, with a focus on cryptocurrencies.
One of the key elements of the order is the creation of a National Digital Asset Stockpile. This initiative is intended to establish a strategic reserve of digital assets to enhance economic security and encourage innovation in the sector. Additionally, the order calls for the formation of a specialized working group to develop a federal regulatory framework for digital assets, including stablecoins. This group will be led by David Sacks, the White House's AI and Crypto Czar, and will include senior officials from the Treasury, the U.S. SEC, and other key agencies.
Notably, the executive order explicitly bans federal agencies from initiating or supporting the development of Central Bank Digital Currencies (CBDCs), maintaining a focus on decentralized cryptocurrencies. The creation of the Presidential Working Group on Digital Assets is expected to significantly influence the future of cryptocurrencies, NFTs, stablecoins, and other blockchain technologies.
The order also reverses previous directives from the prior administration that hindered innovation in digital assets. These outdated frameworks had prompted many U.S.-based crypto companies to relocate to more favorable jurisdictions, such as the UAE or Singapore.
President Trump's recent executive order is likely to have significant effects on both Bitcoin and Trumpcoin.
Bitcoin:
This pro-crypto stance including the establishment of a National Digital Asset Stockpile and the creation of a federal regulatory framework, could encourage investor confidence in Bitcoin. This supportive regulatory environment may lead to increased institutional adoption and public trust, potentially driving Bitcoin's price higher. However, the market's reaction has been mixed and we're not seeing an immediate result reflecting in the price just yet.
Trumpcoin:
Trumpcoin could experience heightened interest due to the executive order. The administration's favorable view on digital assets might attract investors to Trumpcoin, anticipating that it will benefit from increased visibility and potential use cases.
_____________________________
BINANCE:TRUMPUSDT BINANCE:BTCUSDT
TRUMP COIN BUYS ALERT.As Trump coin recently dump, on the M15 timeframe it has started gaining this week after a serious downfall last week to a lower point 24.5.So am expecting a short term buys up to point 40 but a buy entry must be confirmed with a breakout and retest of point around 28
If you found this idea helpful please leave a like, follow and comment
TRUMPUSDT - Looks ready for another bullish rally!The Trump token is an investment project as long as President Trump is in power in the United States.
It is essentially a meme coin, but this token is different from other cryptocurrencies since it is the official token representing the U.S. President.
On the 4-hour timeframe, a falling wedge pattern is forming.
If this pattern is broken, the token will be poised to achieve a 100% gain from the current level.
Best regards Ceciliones🎯
"BTC/USD Double Top Breakdown: Targeting Key Support at 92,000"This chart for BTC/USD highlights the following key points:
1. **Double Top Formation**:
- A clear double top pattern is visible around the 108,000 resistance zone.
- This is a bearish reversal signal, indicating a potential move downward.
2. **Break of Trendline Support**:
- The price has broken below the ascending trendline, further confirming bearish momentum.
3. **Price Targets**:
- The next major support zone appears to be around 92,000–88,000, which aligns with the highlighted horizontal demand area.
4. **Bearish Volume Profile**:
- Significant selling volume is noted after the rejection from the resistance zone, reinforcing the downside bias.
Summary:
BTC/USD is showing strong bearish signals after failing at the 108,000 resistance and forming a double top. The break of the trendline suggests a continuation to the downside, with a target around 92,000–88,000. Traders should watch for retests of the broken support or confirmation of further downside momentum.
[Trade Setup] Wave 3 trade setup in TRUMP COINHIGH RISK
KRAKEN:TRUMPUSD seem to be giving early signs of wave 2 completion and potential beginning of wave 3. If it doesn't fall from CMP and breaches 39.220 then it could be a low risk entry for a potential target above 100 with a stop at 30.330. But if the wave 2 low is breached without breaking 39.220 then its likely that wave 2 is still not done.
Trade invalidation/stop at 30.330
MELANIA COIN RUGPULL!You know the funniest part about the markets this past week?
Some of you really let Donald Trump & the US government drop the biggest rug pull in history! Hope any of you who were silly enough to buy this meme coin, let this be an EARLY INDICATOR & red flag of what the U.S. government got in store for the next few years. Use the puppet Donald Trump to get your hopes up with words, but screw you with actions😂
#MakeAmericaBrokeAgain2025😂
TRUMP coin rugpull!You know the funniest part about the markets this past week?
Some of you really let Donald Trump & the US government drop the biggest rug pull in history! Hope any of you who were silly enough to buy this meme coin, let this be an EARLY INDICATOR & red flag of what the U.S. government got in store for the next few years. Use the puppet Donald Trump to get your hopes up with words, but screw you with actions😂
#MakeAmericaBrokeAgain2025😂
Trump's coin impact!The recent surge of Trump Coin highlights how sudden market movements can disrupt price patterns and influence trading behavior across the broader cryptocurrency market. The rapid rise of Trump Coin, which soared by over 600%, sparked a wave of euphoria and speculation, drawing attention away from other cryptocurrencies and creating a ripple effect that reshaped
market dynamics.
The Trump Coin Phenomenon
Trump Coin's explosive price increase captivated both traders and investors, significantly shifting market focus. This wasn’t just a temporary spike, but an event with lasting consequences that drained liquidity and trading volume from other coins, concentrating interest on Trump Coin.
Impact on Other Cryptocurrencies
As Trump Coin gained traction, the wider market began to stagnate, with overall market indicators like TOTAL (representing total market capitalization) and TOTAL2 (excluding Bitcoin) showing little movement. This period of stagnation reflected a lack of fresh capital flowing into other cryptocurrencies, as most traders redirected their focus to the Trump Coin rally.
The following consequences were observed:
[/b ]Liquidity Drain: As attention turned to Trump Coin, many altcoins saw a significant drop in trading volume, resulting in price stagnation and periodic sell-offs.
Market Dump: Investors exiting their positions in other cryptocurrencies to join the Trump Coin rally contributed to temporary market dumps, amplifying the broader consolidation phase.
Psychological Shift: The excitement surrounding Trump Coin led to a more cautious "wait-and-see" mentality among traders, reducing overall market volatility as fewer positions were opened.
Consolidation Phase
In the wake of Trump Coin's rapid rise, other cryptocurrencies entered a consolidation phase, a common occurrence when the market experiences a lull or imbalance. This phase reflects a market seeking stability before the next significant movement, with many investors holding back as they await further developments.
