Scott Bessent champions dollar dominance across global markets and stablecoins

Jiang Zhuo'er, founder of the Leibit Mining Pool, stated that Bitcoin did not reach its current high point when it rose to $84000 at 5 pm (UTC+8), and subsequently reached a price close to $86000. At present, there is a vacuum of pending orders in the range of 85000 to 88000 US dollars and 82000 to 85000 US dollars, and the risk of going long or short is relatively high. In a bulldozer style uptrend, it is not recommended to try to reach the top unless there is a 1-minute level rapid rise after the price is sideways at a high level. It is recommended to give up some profits and wait for the price to fall before engaging in right-hand trading.

Garrett Jin closed two trades: short 38000 ZECs worth $58.5 million, resulting in a loss of $35.44 million; Long 1333 BTC worth $113 million, with a profit of $8.38 million, and a total net loss of $27.06 million from two transactions.

The German political party AfD has won state elections and become the largest party, openly supporting the establishment of BTC reserves and advocating for a ban on CBDCs. （The Bitcoin Historian）

Analyst Killa posted on X platform that she plans to short in the range of $89000 to $94000 to hedge 50% of her Bitcoin exposure. If the price stabilizes above $97000, this hedging strategy will become ineffective.

Giant Whale has set 10 major goals first, stating that Bitcoin has surpassed $85000, and Strategy's continued buying of BTC is an important signal. Strategy announced an increase in holdings of 950 BTC last week, bringing its holdings to 846000 BTC.