The bloody storm on Wall Street, the cryptocurrency market is rising again! The tug-of-war between bulls and bears is heating up, and the truth is coming to light.

Recently, a thrilling scene unfolded on Wall Street: hedge fund short sellers were brutally beaten, and the US stock market quietly saw a series of nine consecutive gains. Meanwhile, the cryptocurrency market is also witnessing fierce battles between bulls and bears; even in a state of shrinking volume, coin prices continue to rise against the trend, and various positive news continues to flood in, keeping market enthusiasm on the rise.

The recently released US non-farm payroll data met expectations, and strong economic performance supports the strength of the dollar, allowing the US stock market to continue its rebound. However, this situation also greatly limits the Federal Reserve's ability to take emergency measures. As the interest rate decision on May 8 approaches, market expectations for a rate cut in June are becoming increasingly bleak. At the same time, government bond yields are skyrocketing, and Trump's plan to ease government debt pressure through economic recession is likely to fall flat, as the payment of interest on debt will not decrease at all.

The market is ever-changing, but the greed and fear inherent in human nature remain constant, with the cycle of chasing highs and cutting losses repeating endlessly. In this financial war without gunpowder, only by maintaining a clear mind can one seize opportunities in the complex and changing market. Follow Lao Dong, as he clears the mist of the market for you and helps you see through trading tricks!

As a seasoned investor in the cryptocurrency space, I, Tu Fei, share my experiences and insights. Interested in the cryptocurrency market but don’t know where to start? Click on my avatar to see the introduction of Zhuye, and let’s witness the moment of miracles together.