Justin Sun buys Bitcoin: A media stunt or real support?

The market is on fire and you all need a cool head right now. Here's the thing, Justin Sun's announcement of buying 100 million USD worth of Bitcoin could just be a psychological tactic to reassure the community in the context of BTC losing 21% of its value in less than a month. Remember, 100 million USD for the current market cap of Bitcoin is just like "a drop in the ocean", not enough to reverse a strong downward trend. #anhbacong

Look at the reality: many large asset management companies that bought at the peak are currently down over 30%. The "sharks" calling for buying sometimes are just ways for them to create liquidity or attract attention. Even TRX, while holding a good price at 0.284 USD, still carries risks if Bitcoin continues to breach deeper support levels. Don't rush to "jump on the train" right now just because you hear some individuals are accumulating. Keep observing on-chain data and wait for the actual stability of the market instead of being swept away by performance-based statements. $BTC $BNB $TRX

TRX
TRXUSDT
0.28022
-2.27%
BNB
BNBUSDT
689.31
-9.22%
BTC
BTCUSDT
70,505
-7.74%