[🏋️🏻‍♂️]Guigu Morning News 1.18

Good afternoon, brothers. The market is rebounding strongly,

two negative factors have appeared again.

Are we going to see a big drop next week?

First, Chuanzi is causing trouble.

He threatened to impose a 10% tariff on 8 European countries to achieve the goal of purchasing Greenland.

He said if Greenland is not sold to the United States, then starting from February 1, a 10% tariff will be imposed.

If it still isn’t sold by June 1, the tariff will increase to 25%.

Wow, the world is completely chaotic!

This is simply coercion through military and economic means.

The risk is rising sharply, better to buy some gold to protect assets, the U.S. stock market is likely to drop significantly on Monday.

Secondly, Coinbase is causing trouble.

The Clarity Act, which is positive for the crypto world, has been unilaterally opposed by Coinbase.

The White House is outraged by Coinbase's unilateral actions and is considering withdrawing support for the Clarity Act.

This brings another negative factor.

Last week, institutions bought over 1 billion USD of BTC,

if there are no negative factors next week, it will still rise, but there may be minor negatives.

What should we do next?

(1) Don't buy altcoins, they won't perform in this market; you can short altcoins like Bera that surge wildly.

(2) Buy and hold gold, hold patiently. When the cannon fires, gold will rise significantly; sell when it reaches $5000.

(3) Besides holding BTC, keep some bullets; I am optimistic in the long term, but there is pressure in the short term, and we cannot stay in cash.