The reinforcements you were waiting for won't be coming 😭#鲍威尔发言
Yesterday, Powell made a strong statement, saying not to expect me to save the market; that's just your fantasy before getting liquidated!
I thought Powell would speak in a soft manner in an informal setting, but he went straight to hawkish! He mainly mentioned three points:
1- Cryptocurrency is a good thing and can serve as a real circulating reserve. This surprised me, you weren't this way before; have you changed your stance?
2- If there is a shortage of dollars, the Federal Reserve is ready to provide dollars to global central banks. What does this mean? Do you think there are still black swan events coming?
3- Don't expect me to save the market; you keep changing every day!
Today, as soon as you wake up, you probably will be fuming. Powell, you're retiring next year, and you're still being so tough; it looks like you have no intention of enjoying your retirement peacefully, going head-to-head openly. But this time, even though the Nasdaq has plummeted, Bitcoin remains strong. Let's see if it can develop an independent trend! #鲍威尔发言 $BTC