大漠哥
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Today we will discuss a topic: the various influences between the U.S. government, the Federal Reserve, the U.S. stock market, and the cryptocurrency market.
1. First, let's talk about the U.S. government. After Trump took office, he verbally supported blockchain and Bitcoin reserves in various ways. From the moment he was elected, institutions and large holders went all in, causing Bitcoin to surge from below 70,000 to around 100,000. The Federal Reserve did lower some interest rates; there's no use saying anything else; lowering rates is the most important thing. As for the subsequent situation, we have all seen it; Bitcoin surged and then fell back, gradually forming a downward channel. From a technical perspective, the 4-hour chart has already shown a very unfavorable downward trend. To break this trend, new funds need to enter the market, which means lowering interest rates... However, the current situation for the U.S. government is that they are about to run out of funds to support the current government expenditures. If this continues, the U.S. government will soon face another shutdown in June.
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