Bitcoin and Ethereum fell after a brief surge, and the market trend is a mystery
The price of Bitcoin once soared to 65,000, and Ethereum followed closely, hitting a high of 3,200. However, this wave of gains did not last too long, and both prices fell. Is this a normal market retracement, or a signal that the trend is about to reverse? Or is it an advance preview of the big market caused by the non-agricultural data to be released tonight?
Powell's "hawkish" remarks caused market turmoil
After the Fed meeting, Powell's tough statement was like an eagle attack, causing heavy losses to both U.S. stocks and the currency circle. As early as when the price of Bitcoin reached 70,000, Uncle Ball predicted that once the price reached this high, more good news could become bad news. Powell's remarks undoubtedly verified this view. Last night, the price of Bitcoin once fell to 62,000, a drop of 8,000 points in just one week.
Tonight is the final battle for non-agricultural data. If the dealer dares to smash it, we will take it. Bitcoin is at 63,000, and Ethereum is at 3,150. Do it in batches. If you don’t know what to do, follow me. 😂
