Bitcoin Eagle 🦅 4.17 Accurate Market Analysis
Good morning, brothers. Last night, BTC rebounded strongly.
It was again our sleeping time.
Federal Reserve Chairman Powell spoke, and then there was a sharp drop in BTC by 2%.
Powell reiterated that Trump's policies are changing every day,
Do not expect the Federal Reserve to cut interest rates to save the market.
He mentioned ensuring that tariffs do not lead to more persistent inflation.
Now it's good news.
At least for the next 5-6-7 months, there will be no interest rate cuts.
I thought BTC would crash heavily,
But it seems quite resilient and has started to rebound again.
I checked the on-chain data; it continues to flow out of exchanges.
5000 BTC flowed out yesterday, and the whales are still accumulating.
Gold has risen too sharply, and now there are people taking loans to buy gold.
They didn't buy gold when it was falling, nor did they buy in previous years.
Only when it skyrockets do they take loans to chase it.
This is the same in any financial market: buying high and selling low.
It indicates we are not far from the top.
We mentioned before that after a sharp rise in gold,
Some funds will shift to BTC, driving BTC up significantly.
However, the U.S. tariff negotiations and other macro events
Will cause market fluctuations.
At least there will be a month of consolidation,
Market recovery will not be so quick.
During this time, the secondary market is hard to operate,
It is recommended to focus on regular investment and accumulation of coins.
Then use small funds to participate in the primary market games:
Yesterday, Bitcoin Eagle meme coins tripled 3 times, and 1 went up 5 times.
Brothers who haven’t joined, find the link to join and fight together.
Bitcoin Eagle analysis is for reference only,
Investment carries risks, please invest with spare money, and think independently. $BTC