Last night, many people cried.

Every once in a while,

this kind of scene always appears,

we call it reincarnation.

Plummets, surges, liquidation, sudden wealth, always going in circles. Can't escape, can't run away.

Unless you jump out of the crypto market, and no longer participate in contracts.

These days, Trump has been worried sick about the national debt.

No matter what, all sorts of methods are forcing Powell to cut interest rates. The non-farm data is below expectations, whether it’s intentionally modified data or truly so.

Now it’s time to pass the ball to the Federal Reserve.

If the Federal Reserve does not cut interest rates in September, there could be internal strife, and Powell will also be put on the hot seat.

In fact, the United States has already smoothed out external risks, the tariff war is a sure win, the Middle East war has calmed down, regional control remains strong, but Russia is uncooperative, there's no choice but to keep holding on. After all, Russia is indeed not to be underestimated.

Recently, the most troublesome issue for the United States is the high yield on U.S. debt, which remains elevated, and for every day it drags on, it incurs hundreds of billions of dollars more. Trump has cursed Powell to high heaven. If it were a dictatorship, he would have been reshaped ten or eight times by now.

Interest rates will definitely be cut, it's just a matter of whether in September or October; a surge will definitely come again, can you withstand it?

Currently, from the daily level pattern, BTC has broken the lifeline with increased volume, indicating capital outflow; the pattern is indeed not good. If we can't recover by the deadline, we may need to rebound and cut losses recently. The trend has changed; we can’t stubbornly hold on. Currently, the strong support at the previous high and the trend line support near 112,000 has not broken; the upward structure will not be disrupted. If it breaks down with volume and can't recover, we can only admit that the bull market is over.

The hourly level is awkward; to be honest, there hasn’t been a stop-loss signal according to the pinning rule. The MACD has a golden cross, but the rebound volume is insufficient. Personally, I suggest that if you seek stability, just lie flat and watch without moving. For the aggressive ones, go long at 113,000 with a stop loss at 112,500.

At the weekly level, the bullish trend has not been destroyed; from the perspective of retracing to the high and depth, it has been in place. Currently, the MACD has a dead cross, indicating a need for a pullback, but considering the expectations for interest rate cuts, I personally feel that the big players won’t let the bull market end so haphazardly. Altcoin suggestions are to stagger entries on dips.

Greed in surges,

Fear in drops.

This cycle repeats.

Staggered entries in altcoins,

Missing out on the bull market is more painful and regretful than being trapped. $BTC