Tonight the pace is slower, and there aren't many good shorting opportunities, so there will be no live stream today. Let's observe while staying in cash for a day!

From the market perspective, it doesn't look very normal, the continuity is poor. Powell's speech leans towards being favorable, and his comments are clearly more relaxed compared to the last time. I don't know if he's been influenced by the dangers posed by Trump, as he mentioned the term 'rate cut' multiple times.

Moreover, yesterday there was a strong surge, so with Powell's speech today, it should have logically broken through and made a second high, but clearly that didn’t happen tonight, and the movement is very slow. The strong pace has slowed down, possibly facing two issues:

First, a sideways move instead of an upward trend, and after a period of consolidation, it may continue to break out and rise.

Second, a strong move may weaken; after a strong breakout, it encounters resistance and pulls back.

So tonight's slow movement and small fluctuations make it hard to guess which scenario will play out. It's not a good position to enter either long or short, so let's stay in cash and observe for a day! #加密市场反弹