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$BTC On May 2, after the non-farm payroll data was released, BTC broke through to around 97800. After reaching this position, there was obviously a lack of momentum, which indicates that the main force created a false breakout. This is essentially a trap set by the main force to lure retail investors into buying. It can be clearly seen that after BTC's price reached around 97800, it quickly fell back into the range of 92800 to 95700. From 97800 to 93500, the decline exceeded 4300 dollars. If BTC wants to continue to rise, it must stabilize above the pressure level of 95700. However, it is clear that it did not stabilize and quickly fell down. Moreover, the upward momentum is currently very weak, so I am bearish on the subsequent market.

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#USHouseMarketStructureDraft The draft on the structure of the U.S. housing market encompasses various elements that detail how properties are bought, sold, and managed across the country. It focuses on the roles of key stakeholders such as real estate agents, buyers, sellers, mortgage lenders, and regulatory bodies. This comprehensive draft may explore factors influencing market trends, including economic conditions, demographic changes, and government policies.

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#FOMCMeeting Markets are reacting like: Stocks: up Bonds: confused Crypto: partying like it’s 2021 Gold: sipping tea Recession: waiting in the lobby like it’s a dentist appointment Powell’s official statement: “We’ll do what we gotta do.”

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#USStablecoinBill The bill would grant stablecoin holders priority over all other claims against the issuer in bankruptcy, and it updates the bankruptcy code.. President Donald Trump's self-described crypto sherpa, Bo Hines, the executive director of the Presidential Council of Advisers for Digital Assets, told earlier this week that the two bills are as much as 90% similar and that members of both chambers are seeking to work out the differences. Hagerty said he would introduce an updated version of the bill earlier Thursday.

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#MarketPullback Btc is testing an important trendline and showing signs of support. But be careful, the market is trapping a lot right now. Even if price bounces, it can trap buyers and drop again. If the support breaks, we could see a sharp dump, but that too might be a fake move to trap sellers before reversing up. Be cautious while trading, the market is full of traps lately.

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