Yesterday's Federal Reserve meeting decided not to cut interest rates in June
Despite Trump’s constant criticisms,
Powell stood firm: tariffs are pushing up inflation, and rate cuts will have to wait.
The delay in rate cuts is also a negative signal for the crypto market.
However, the meeting had a neutral to dovish tone, and there might be two rate cuts within the year,
which offers some hope.
For the past week, the situation has been bearish,
but there are two particularly unusual points:
(1) BTC has been continuously flowing out of exchanges,
even Binance hasn’t seen a large influx,
indicating that market manipulators are still buying at the bottom.
(2) On the ETF front, funds have been flowing in continuously for more than 7 days,
especially from BlackRock's fund, with hundreds of millions of dollars flowing in daily 💰️.
So, the fact that BTC hasn’t dropped below 100,000,
suggests that there are still people buying at the bottom.
We should not stay in cash, but mainly hold BTC 🎯,
to get through this period of severe wartime conflict.
After the Iran issue is resolved, BTC is likely to break new highs.
Don’t engage in contracts, hold spot until dawn.
We won’t lead fans to over-leverage, nor will we blindly take risks,
it’s all about seeking stability and victory, being steady and careful; those who want to profit should get on board quickly!
SUI TURMP BONK PEPE OM SOL PNUT
