Brothers, major news! Tonight the Federal Reserve is going to make a move again, and at the same time, that confusing (MEME Act), can it really sanction the president? Let’s set that aside for now and discuss the three major tricks from tonight’s Federal Reserve meeting.
As for interest rates, it’s basically nailed down and won’t budge, but the probability of a rate cut in June has plummeted from 68% to 31.8%. That old fox Powell has a 99% chance of taking hawkish moves, and the remaining probability is just to give the market a placebo.
Take another look at the economic forecast report; the unemployment and inflation data here are crucial for whether we can make big profits or just watch helplessly in the second half of the year!
By the way, last night, a senator from the beautiful country proposed a (MEME Act) to restrict the president's issuance of dog coins. Clearly, they are envious of Trump making money with his coin. Those old-timers in Congress enjoy cutting down retail investors, but now they are pretending to be pure. When King Trump issued a Trump coin, he was labeled as having the 'biggest corruption in history,' yet they themselves print money and flood the market more ruthlessly than those sketchy project parties. Why don’t they get criticized? If King Sleepy issued an 'Alzheimer's Coin' and Pelosi created an 'Insider Trading Coin,' they might as well turn Congress into a BN trading platform!
Retail investors, don’t rush to buy the dip yet. Wait until the bill passes; that politician's dog coin might just become a limited edition NFT, certified by Congress, and any attempts at protecting rights will likely result in a loss!
Let’s look at the market data; yesterday, Bitcoin’s spot ETF saw a net outflow of 85.7 million dollars, setting a record for the largest single-day net outflow since April 17. Grayscale took away 89.9 million dollars overnight, and even second-tier products like ARKB followed suit with a 16.1 million outflow. These institutional movements clearly indicate something big is about to happen!
As expected, this morning Bitcoin surged wildly, the operator launched a surprise attack, driving it straight to 97,800, with an increase of up to 5,000 dollars, leaving retail investors so excited it’s as if their prostates are about to explode. Just as they stepped on the support level at 93,400, they shot up like a rocket; the market makers’ controlling methods are even more brutal than those in Dongguan!
In contrast, ETH is completely disappointing. Bitcoin is about to break 100,000, while Ethereum can't even push past 1900, looking like a drained customer, lacking any vitality. I was eagerly waiting for it to reach 2000, but it wilted at 1850.
Now the whole market is hoping for ETH to break through the resistance zone; if it continues to act like a follower, it will eventually be treated like a pig by the market makers!
Today, Ethereum faces a crucial upgrade. The Pectra upgrade claims to raise the verification account limit from 32 to 2048 and aims for deflation. I see this as the project party's last frenzy; the technical aspects are hyped up, but in reality, it's just a way to lure in unsuspecting investors. The price is stuck below 2000 dollars, playing dead, while the market makers wait for good news to profit off the retail investors!
Although the price of Ethereum is standing on the EMA24/52 moving averages, the distribution of chips is as sparse as hair on a bald head. Around 1800 dollars, the support and resistance levels are all jumbled up, with both sides battling like quarrelsome women in a market. This is clearly a prelude to a setup by the market makers. Either they will break through the ceiling or smash through the floor; it depends on which side gives in first.
Looking at the data from Santiment, over the past six weeks, large holders with between 10,000 to 100,000 Bitcoin have secretly accumulated 81,338 Bitcoin, increasing their holdings by 0.61%. Those small investors with less than 0.1 Bitcoin were scared and sold off 290 Bitcoin. I'm tired of this script; every time it's the big players who seize the opportunity to buy when the small investors are panicking, and by the time the small investors realize what's happening, the market has already skyrocketed.
In the last 12 hours, the major orders show that the buy order transaction amount reached 350 million, far exceeding the sell order of 221 million. The net inflow was 129 million, with a buy-sell ratio of 1.59:1, indicating strong buying sentiment. Especially around 94,500, the major buy orders exceeded 56 million, and from the 1-hour candlestick chart, the upward momentum has significantly increased, confirming the bullish signal after accumulation by the major players, with the candlestick pattern also indicating that buying is dominant.
Everything is ready; just waiting for the Federal Reserve's move tonight. Will they continue to boost the market, or will there be a double explosion of long and short positions? The view from the big players: historical experience tells us that after such madness, a major crash is likely. Right now, the market is like a meat grinder, with both sides fighting fiercely around 98,000 dollars. If the Federal Reserve turns hawkish tonight, the market will likely collapse. Even if Powell suddenly backs down and softens his stance, it’s not too late to enter after a correction.
Brothers, staying alive is the way to go! Don’t listen to those analysts talking nonsense. They shout 'bull market' while secretly placing short positions. The profits of retail investors differ, but the losses are surprisingly similar: chasing highs and cutting losses, feeling resentful, and acting timidly. Being cut off is not scary; what’s scary is not reflecting after getting cut. Let’s complain less, be more grateful, develop the habit of making investment plans, and cultivate our inner selves; who knows, one day we might also become profitable investors.
That’s all for today. If you find this useful, please like, comment, and follow. We’ll continue the discussion next time!