News Interpretation:
The U.S. Department of Justice has launched a criminal investigation into the charges cited by Trump when attempting to remove Federal Reserve Board member Lisa Cook, raising questions about whether this will undermine the independence of the Federal Reserve.
This matter seems never-ending; it was something anticipated for a long time, and now it has come up in the short term, further dampening sentiment. Let's see if tomorrow's non-farm payrolls and employment rates will reverse this situation. It's more complicated than palace intrigue, and I am quite amazed.
Currently, the 15-minute level has retraced to 0.618 + the previous central pivot's starting point, which has support. We can initiate some positions here for a small rebound.
$BTC