Everything is about harvesting, building positions at low prices, and exploding contracts; the narrative is always just a distraction.

After this decline, I found that the IQ gap between people is like a chasm.
Yesterday, Powell said that the Federal Reserve would not hold Bitcoin. A large group of people began to analyze and interpret it frantically, saying that this must be the main reason for this decline, which made me laugh🙃
First, the Federal Reserve does not have the authority to purchase and reserve Bitcoin. It is just a monetary management agency. The law does not support its purchase at all, and Bitcoin is not a legal currency. Second, there are so many people in the world who are not interested in Bitcoin. Have you been kneeling for a long time and looking for recognition everywhere? How many years has gold been around, and there are still people who are unwilling to buy it. When everyone enters the Bitcoin market, there will be no more fun in this market. Third, one of the reasons for this decline should be that the expectation of interest rate cuts in 25 years has been reduced from 4 to 2 times, and it is not the main reason for this decline. More importantly, whether it is the US stock market Nasdaq or Bitcoin, it has risen too much before, and it only fell because it needs to fall. It's that simple! ! ! ! #加密市场回调