$XRP Powell will "speak up" tonight! The eve of a storm in the crypto world, three tips to help you seize the turning point opportunity
Brothers, tonight is destined to be sleepless!
Federal Reserve Chairman Powell will speak at 2 AM on July 22 in the Eastern Eight Zone, and the global financial markets are holding their breath. As an old hand in the crypto circle, Aiers must highlight key points in advance—this Federal Reserve leader’s words have previously caused Bitcoin to plunge 6% in a single day, and Ethereum to fluctuate over a thousand points! But don’t panic, after reading this article, you will understand how to respond better than 90% of retail investors.
Why can Powell's speech stir the crypto world?
Reviewing history makes it clear:
- The power of “verbal intervention” is astonishing: In April this year, Powell's statement that "the Federal Reserve will absolutely not touch Bitcoin" caused Bitcoin to instantly drop 5%, directly breaching the $100,000 threshold; while in May he reversed and said, "banks can compliantly serve crypto clients," leading to a rapid rebound of the coin price back to $84,000. The core lies in utilizing the difference in expectations, where bad news often runs its course.