Morning, what was meant to come still came! 😄
Yesterday's market was just a bluff, making people feel like it would drop below 100,000,
but in less than 24 hours, it regained lost ground,
and there was a deep V reversal.
The skill of the market manipulators is really high,
if you can't see the big picture clearly, you'll get scared away.
A brother asked, will there be a pullback? [Question]
This question, even God doesn't know,
because the world changes too fast, and there are too many factors affecting the market in the short term:
How are Trump's tariff negotiations going,
and what are the situations with different countries,
whether a war conflict will suddenly arise,
whether the Russia-Ukraine conflict will continue to escalate,
whether North Korea will stir up trouble with nuclear weapons, and so on and so forth.
But if we look at the long term [Get],
we will see
(1) Signs of cooling inflation are gradually emerging,
(2) The Federal Reserve will lower interest rates as planned this year,
Additionally, yesterday Trump stirred things up again, finding a "new reason,"
accusing Powell through his high-ranking officials, angrily shouting that Powell should resign immediately.
This week, Trump has basically been criticizing Powell every day.
The Federal Reserve will soon change leadership, and the new chairman will push for more aggressive rate cuts.
(3) Exchange BTC reserves have dropped to a new low.
Last week, more than 5,000 BTC flowed out of exchanges.
Retail investors have mostly sold off,
and the market manipulators are nearing the end of their accumulation process.
Predicting whether there will be a short-term pullback is not very meaningful,
but looking at the long term, I am bullish, patiently holding onto my chips and not going empty-handed. 🎯
