$BTC 🔥🔥🔥 Brothers, happy Dragon Boat Festival! Recently, this round of correction in the market has really caused a stir. Is a bear market coming, or is it a rebound in strength? Haitang will analyze this in depth!

【Macroeconomic pressures behind the correction】

1. International trade negotiations are at a standstill, with key issues not yet resolved.

2. Trump's tariff policy continues to ferment: judicial rulings are inconsistent, and new tax increase plans are brewing.

3. Federal Reserve's interest rate cut expectations are unclear: Powell keeps emphasizing "be patient," and market expectations continue to be frustrated.

【The unique 'Trump effect' in the crypto world: signs of a favorable turning point are emerging】

Surface negatives:

• Tariff policies driving up prices

• US stocks under significant pressure

• US Treasury yields continue to rise

But deeper positives are becoming apparent:

✓ Substantial breakthroughs in cryptocurrency policy: US stablecoin legislation is implemented, and multiple states are including BTC in their strategic reserves.

✓ Funds seeking new outlets: the attractiveness of US Treasuries is declining, and some funds are shifting towards gold and BTC.

【Key market signals】

• On-chain data shows: there has not been a significant increase in BTC inflow to exchanges, indicating that the market is not experiencing panic selling.

• Technical analysis: the correction has just touched the 30-day moving average, which is a typical healthy adjustment.

【Operational advice】

The current market is still constrained by Federal Reserve policies, making it difficult for altcoins to perform. However, this round of BTC correction is more likely a consolidation phase. Recommendations:

1. Be patient and avoid frequent trading.

2. Focus on policy trends and capital flows.

3. Short-term participation is appropriate, but position sizes must be controlled.

Finally, I wish all brothers a pleasant Dragon Boat Festival holiday! The market has fluctuations, but we must maintain a steady mindset and wait for the situation to become clearer! 🎉