BTC Status: A Transition Period, Market Stagnation! The Macro Factors Are Key! 🚨

The current market for BTC is a typical "transition period", where one narrative concludes and we directly enter a long-term oscillation. 🔄

Starting from 16K, BTC has experienced several fluctuations, with strong narratives driving the previous ones: the bottoming of the US stock market, the collapse of Signature Bank, the approval of the spot ETF… But what about now? The fourth narrative sees a weakening of the negative expectations regarding tariffs, but the price momentum is severely lacking. The entire market lacks fresh insights, making it impossible to attract investors; the crypto market has returned to a state of "narrative poverty".

Now everyone knows that this market is narrative-driven; when BTC dominates everything, other cryptocurrencies directly "die on the way". Poor liquidity has almost become the norm in the market. To put it simply, there isn't even a strong guiding force; the entire market feels like it's fishing in troubled waters. 💸

But don't forget, what truly supports BTC is still the macro factors, especially the FOMC meeting! Technical analysis can only chase highs and cut losses, but macro data is the core that impacts long-term trends! 💥

Warning: If the upcoming macro signals are not strong, the market may enter a "vacuum period". Observe more and act less; waiting for signals is the key!