DOGEUSDT Once again, The price action could drop to $0.33 and then return to its peak. It will take some time to recover from the damage that these sh*t meme coins have done to the crypto market.
- The price appears to be sitting near an equilibrium level, with slight downward momentum toward the discount zone. - Short-term bearish bias: If price rejects the equilibrium zone (around $0.353), it could head lower toward $0.32 or the next support at $0.306. - Short-term bullish case: If price holds above the equilibrium and breaks $0.353 convincingly, it might test the **premium levels around $0.38.
Key signs to watch for today: 1. Reaction near the equilibrium zone ($0.353). 2. Breaks below recent support levels or above resistance zones.
Goodluck guys. always protect your capital and profit. (pcp)
BTCUSDT David Sacks stated that the Digital Assets Working Group will develop a regulatory framework focused on establishing market structures, defining digital assets such as securities, commodities, and collectibles, and evaluating the feasibility of a national digital asset stockpile. Sacks views the TRUMP token as a collectible similar to a baseball card and does not see it as a conflict of interest. He also criticized CBDCs as a threat to freedom and advocated for stablecoins as a better alternative. Additionally, he noted that digitizing the dollar could increase demand for U.S. Treasuries, support national debt, and lower long-term interest rates. The national digital asset stockpile plan remains under evaluation and has not yet been finalized