🪙📉 Bitcoin: shattered hopes or another letdown🤔

August 22 — everyone is happy: Powell hinted at a rate cut, BTC soared by +5%.

August 25 — bitcoin says: "And now back to $112K, relax".

Why?

1. 🐳 Whales have moved to ETH — while bitcoin pretended to be "digital gold", ether quietly drew attention and capital to itself.

2. 📢 The crowd celebrated the Fed's rate too loudly (the market doesn't like that). Historically, as soon as everyone starts to believe in growth together, the market steps in and breaks the celebration.

3. 💨 Liquidity is thin, traders quickly locked in profits — the candle extinguished faster than many could open an exchange.

The irony is that the Fed's rate hasn't even been cut yet, but the "bull market celebration" is already over. 🥂🚪 That is, the news that investors have been waiting for hasn't materialized yet, but bitcoin has already exhausted enthusiasm.

📊 Now the market is in a strange position: bulls are confident that a surge is imminent, bears believe it was just a "trader's fireworks" or a dead cat bounce🫣