The cryptocurrency market is currently playing out a thrilling game, with a real storm brewing! In the past two days, the market has resembled a scene from an action movie, with a flurry of bad news hitting like a machine gun. However, the market remains strong under immense policy pressure. The unusual phenomenon of capital fiercely defending the market heightens the tense atmosphere of 'the mountain rain is about to come, and the wind is full in the building'.
Federal Reserve Chairman Powell's firm stance, declaring 'absolutely no interest rate cuts', has dealt a heavy blow to the bulls, even sparking a confrontation with Trump, with the market charged with tension. Even more astonishingly, before the meeting has even begun, both sides have engaged in fierce battles, and the chip concept has suddenly intervened, making the market more unpredictable than June weather.
Be vigilant! The current trend of Bitcoin can be described as a 'deadly trap'. From a daily perspective, the price has reached a critical point, with three failed attempts to break the top. This is by no means a bullish signal, but rather a carefully designed 'fishing' trap by the main force, waiting for retail investors to chase the high and get harvested. Stop fantasizing about breaking new highs; this rise is merely an illusion! Bitcoin has likely peaked and the market could drop sharply at any time. At this point, one should prepare to short; it's better to miss the market than to become a high-priced buyer. Otherwise, if you chase the rise, you are very likely to lose everything.
Choices are more important than effort. Trump's hero dog Conan has a strong IP and a good narrative worth paying attention to!
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