Powell was criticized by Trump as a foolish politician, and the president wants to intervene in the nomination of the Federal Reserve chairman, which the market directly interprets as a signal for easing! The probability of the CME cutting rates three times skyrocketed to 60%, US Treasury yields plummeted, and the dollar broke through the floor. However, $BTC seems to have benefited from the political dividends!
But don't celebrate too early! If the Federal Reserve becomes a puppet of the White House, transparency will drop to zero, and future policies will be harder to predict than a dog! This rebound in BTC is just short-term capital seeking refuge; if the support level of $102,500 is broken, it will directly drop to $98,000! Political uncertainty is like a bomb; if you dare to charge at the pressure level of $110,500, you're likely to get trapped!
If you're going to play, make sure to set your stop-loss. If the level of $102,500 is broken, cut your position directly, and short at $110,500 when you touch the top! Don’t engage in political games; before the July policy meeting, it's a bloody knife edge. Spot traders are locking in positions to watch the show, and futures traders shouldn't exceed 3x leverage!
Key point to note! Recently, Sister Rong has discovered a potential coin that is about to surge based on on-chain data and news monitoring. The position is too heavy and could easily cause problems, so it's inconvenient to disclose. There are currently ten spots available; if you want to recover losses and wait for the flowers to bloom, raise your hand below so I can see you.
