The Federal Reserve's interest rate decision has landed, with no rate cut in May as expected, leading to a price correction.
The results do not need much explanation; I told everyone in advance yesterday afternoon: no rate cut in May, escape the top + shorting as per the script, and the market followed suit, with the coin price falling as expected.
The key ahead is Powell's speech at 2:30, focusing on his attitude towards a rate cut in June. Currently, the market expectation is 70% hawkish and 30% dovish, leaning towards no cut.
For friends with high leverage, if you are worried about volatility, you can choose to take profits on short positions to control risks. Next, let's see how the 'verbal warfare' guides the market direction.
Bitcoin breaks through the 98,000 mark, is technical analysis confirmed again?
After the Federal Reserve maintained interest rates as expected, the market reacted quickly, and Bitcoin broke through 98,000 USD. Although a rate cut in May is a certainty, traders generally expect a turning point in July and anticipate three rate cuts this year.
This reflects the market's high trust in the results of data analysis—rational judgments based on statistics and probability deductions. Ironically, many people are skeptical about technical analysis. In fact, technical analysis also relies on statistical logic and is another way to observe market 'signals'.
Just like the same piece of news, different people can read different levels; technical indicators are also tools, and the key lies in the user's cognition and experience. The core of the financial market is not to predict everything, but to establish a capability system that adapts to changes and responds rationally.
Only by continuously improving understanding and practical skills can one stabilize amid volatility and seize opportunities.
Midnight crash: retail investors' 'sneak attack' nightmare.
In the early morning, the new coin $Mikami quietly went live on the Solana chain, with the official announcement of an airdrop according to presale order, reaching an initial market value of 16.9 million USD. However, the good times didn't last long; the token plummeted from 0.245 USD to 0.1 USD at opening, with the community exploding at 4 a.m., claiming it 'collapsed at the opening', with a decline of 60%, and the market value shrank to 7.8 million, nearly halving three times, suffering a 'tenfold zeroing'.
The 3.46 million USD invested in the presale now remains only 1.56 million, and to break even, the market value needs to double. Worse still, only 15% liquidity causes prices to fluctuate wildly on DEX, resembling a 'runaway horse'.
Many X users questioned it as a 'domestic scheme', accusing the project team of launching at midnight to avoid retail investors' active hours, taking the opportunity to dump. One user angrily criticized: 'The routine is too familiar, opening at midnight while the leaders run first, and retail investors are still dreaming.'
$Mikami's crash serves as a wake-up call for both investors and celebrities:
For fans, meme coins are more like a form of entertainment consumption rather than a rational investment, and funds should be viewed as 'rewarding idols' with caution; for celebrities, high returns are accompanied by significant reputational risks, and their silence has not quelled doubts but rather intensified the trust crisis; for the crypto circle, only by improving transparency, enhancing liquidity, and strengthening practicality can they truly dispel the doubts of being a 'money-making game'.
The article ends here! If you are confused in the crypto world, consider planning and harvesting with me!
