This week, Trump's tariff policy is causing chaos,
global financial markets are plummeting,
U.S. stocks have almost erased the gains of 2025,
we in the crypto circle have experienced an epic correction,
comparable to the events of May 19 a few years ago, RSI and other indicators have hit their lowest points.
Bitcoin has dropped 25% from its historical high,
Ethereum has dropped 45% from this round's high.
The PCE data released on Friday
shows that inflation cooled down in January, which is good news.
Many brothers easily fall into the trap of chasing up and selling down due to short-term fluctuations,
ultimately losing most of their chips,
and when the market rebounds, they buy back in, ending up losing money.
We cannot predict whether it will rise or fall in the coming days,
we can only say that the overall trend is upward,
the whales have accumulated cheap chips at the bottom,
the next step is whether to pump the market.
Some signs indicate that interest rate cuts may still be possible this year:
1. A sharp decline in U.S. consumer spending
2. Low consumer confidence
3. A significant increase in unemployment claims
4. Disappointing housing data, etc.
Next Friday at 21:30, the non-farm payroll and unemployment rate will be released.
If this continues to be favorable for the crypto circle, then BTC could quickly return to $120,000.
Previously, we mentioned that BTC's sharp decline
has provided room for altcoins to attack,
and there may be an altcoin season from April to June.
However, it is still recommended to hold 30% BTC.
