May 8th not lowering interest rates is not scary

What’s really scary is if Powell stops drawing even pancakes

The real necessary conditions for lowering interest rates:

1. Prices are no longer rising, inflation has calmed down, only then will the Federal Reserve dare to lower interest rates

2. The economy is so bad that it’s on the brink of collapse, only then will the Federal Reserve lower interest rates to save it

Therefore, there is almost no chance of lowering interest rates in May

Tariff policies might stir things up at any time. Unless inflation completely cools down, or the economy deteriorates significantly, otherwise lowering interest rates is just daydreaming

Trump is daily on social media writing in bold: "No inflation, Federal Reserve quickly lower interest rates!!" After all, lowering interest rates can stimulate the economy and boost the stock market, which are all part of his performance KPI.

On the 7th, Ethereum will undergo a major upgrade, but currently, market sentiment is low. Referring to past upgrades, every rise has been followed by a fall; the last upgrade halved from 4000!

However, this time, the possibility of rising first and then falling cannot be ruled out

The direction of Bitcoin recently is very clear, which is bearish

Resistance above: 95600/96250/96800/97300

Support below: 93500/92800/91600/9060

Pay close attention to the 91600 area; if it is lost, it will directly fall towards 89500 or even possibly test around 86800

Today, pay close attention to Ethereum around 1810! If it cannot stay above in one hour, it’s definitely a "false rebound," continue to look bearish.