Trump’s Crypto Reserve Bombshell: Bulls Cheer, Market Yawns

Bottomed Out or More Pain to Chop?

Just when the crypto crowd thought the gig was up, Trump tossed a live wire into the mix.

Out of the blue, he unveiled a U.S. Crypto Reserve, and Bitcoin blasted an $8,000 candle—traders losing it, yelling “BEARS ARE FUCKED!” into their screens.

Weirdly perfect timing, too: just 12 hours earlier, some mystery whale dumped $6M into Hyperliquid, leveraged 50x on BTC and ETH longs.

Coincidence?

You tell me.

The Trump team kept the heat on, announcing the first-ever White House Crypto Summit—big shots, big plans, a chance to steer this wild ride.

It couldn’t have hit at a better moment.

The fear/greed index was rotting at 20/100, and sentiment was grim.

Hodlers were one click from liquidation and a McDonald’s application.

The buzz was unreal—pure bullish adrenaline.

Then, the crypto curveball: Trump’s reserve teaser listed XRP, SOL, and ADA. XRP fanboys erupted, but what about the rest of us?

Brows furrowed.

A follow-up tossed BTC and ETH into the pot—crisis averted?—but the doubters were already raging.

“Taxpayers bailing out XRP bags?” “ADA’s golden ticket?”

The March 7th Summit’s got a lot to unpack because the questions are stacking up fast.

Now the twist: the rally’s already sputtering.

Ethereum’s dumped all its gains, and the charts look like the pump that just transpired never really happened.

How’s this possible with all the hype?

Here’s the deal—macro’s still a buzzkill.

Think 2022 vibes: Quantitative tightening is still on, and liquidity is thin.

Crypto’s limping after scams like LIBRA and other memecoins sucked out billions as many are still holding heavy, underperforming bags waiting for alt season to bail them out.

New cash?

Not happening—retail’s broke, and still sobering up from the bad night of drinking that was memecoin mania.

Powell’s not cutting rates anytime soon; without cheap money, this market’s treading water.

Trump’s reserve might spark a flicker, but his pressure tactics against Powell aren’t working just yet.

And here’s the real head-scratcher: the SEC’s waving the white flag, dropping cases left and right—Coinbase, OpenSea, Robinhood, Uniswap, all off the hook as of late February.

Gary Gensler and his aggressive regulation by enforcement are long gone.

You’d think the market would go crazy over this.

A regulatory chokehold lifting?

That’s pure rocket fuel—except it’s not.

Prices are flatlining. Big money is waiting.

Maybe the market’s too shell-shocked from years of Gensler’s war to trust the good news.

Or maybe TradFi’s still pricing in macro gloom over crypto wins.

Either way, until things change from a macro perspective, we’re left holding on for dear life.

Check out my video for a more in-depth breakdown of the charts.