Brothers, are you confused by the drop today? Don't panic, let's chat.
Why the big drop? Four pieces of news collided:
1️⃣ The Bank of Japan hinted at possible interest rate hikes
2️⃣ Trump said Powell should resign, and the market fears his replacement will 'shake things up'
3️⃣ Continued crackdown on crypto trading domestically
4️⃣ Yearn's yETH pool was hacked
Have you noticed? When the market is bad, there are all bad news, and when the market is good, there are all good news... this script, those who understand, understand😏
📉 The Bitcoin Ahr999 indicator is currently 0.57, not far from the bottom line (0.45), but we also need to guard against revisiting 80,000.
Interest rates are still high, the international situation is chaotic, and liquidity has not yet returned—right now is a new round of washout period, expected to last 1-2 more months; once the group is quiet, the hope may fade, and perhaps the turning point will come.
What should we do now?
✅ Stay calm and strive to make money
✅ Invest spare money regularly, don’t chase or panic
✅ Wait for the dog trader to collect enough chips + inflation data to come down + the Federal Reserve to cut interest rates next year, then the wind should rise
This week's important dates:
🗓️ Tuesday 9:00 & 23:00 Powell + Bowman speaking
🗓️ Wednesday 21:15 US ADP employment
🗓️ Thursday 21:30 Initial jobless claims
🗓️ Friday 23:00 US PCE inflation + consumer confidence index
Final reminder:
Analysis is just a reference, adults should make their own decisions.
Investing carries risks, invest spare money, and stay clear-headed.
Only when you can stay steady, can you win in the end. Let's endure together 🍻
