The change of the Federal Reserve Chairman is always a barometer of economic policy, and this time it is particularly sensitive. President Trump has long criticized Powell for not being aggressive enough in interest rate policy, believing that the central bank should cut rates more significantly to stimulate economic growth, market vitality, and job opportunities. This dissatisfaction has permeated his entire presidency and has been repeatedly expressed in public. As Powell's term approaches its end, the Federal Reserve finds itself at a delicate juncture: inflation has fallen from its peak, but signs of weakness are emerging in the labor market.
If the new chairman cannot maintain the independence of the central bank, the credibility of monetary policy will be undermined. The White House has made it clear that it hopes the successor will be more receptive to the president's opinions, which has sparked widespread concern.
Recently, Bitcoin has been fluctuating around the 84500-90000 range. To be honest, this fluctuation range is still quite large; the volatility of this trend is both a risk and an opportunity. For those holding positions against the trend, it can be quite painful, but for those trading with the trend, it can be very rewarding. During this time, Jiang Wei's operations have seen a massive explosion, with almost all trades being winning trades.
On the daily level, the price is currently maintaining operations in the mid-to-lower track range. The current price is under pressure at the mid-track position and has not stabilized above the mid-track. It can be seen that for the price to rise better, a pullback to build strength may occur, and at that time, a drop would be an opportunity to enter bullish positions.
You can refer to the 86200-86500 range to gradually look bullish. The target is around 89000. Although the current price has not reached the ambush point, just be patient and wait. The points are for entertainment reference only #BTC☀ $BTC
