There's no need to panic about the Fed not cutting interest rates in May; the real issue is that Powell isn't leaving any hope for the market.
Right now, they won't cut rates unless two hard conditions are met: either inflation comes down completely, or the economy is about to collapse. Given the current situation, there's definitely no chance in May, not to mention the ticking time bomb of tariff policies causing trouble. Trump is getting anxious and is shouting on Twitter all day about needing to cut rates—he's calculating this well, as cutting rates can boost the stock market and benefit his campaign.
Let's talk about cryptocurrency. Ethereum is about to upgrade, but historical experience shows that upgrades often come with a sharp decline; last time it dropped directly from $4000 to $2000. Although it could rise first and then fall, the overall trend right now is clearly downward. Bitcoin's key resistance level is between $95,600 and $97,300. If it can't hold the $91,600 position, it could very well drop all the way to $86,800. Ethereum needs to keep a close eye on the $1,810 mark today; if it can't hold that level in an hour, it's a trap for bulls, and then it will fall without discussion.
Are you stuck? When to buy the dip? It's still the same old saying: if you're confused and helpless and don't know what to do, like and comment. I need fans, you need references; it's better to grasp than to guess!
