Yesterday's tears haven't dried yet. Today's plunge has made me cry again. I am exhausted. I am in a trance and about to collapse. How crazy we were before, how desperate we are now. And now is not the time to give up and die. To be frustrating, I have not yet reached a more desperate moment.
The day before yesterday, after the Fed's Powell announced the interest rate, he just added that the Fed would not use BTC as a reserve and would have a more rational fiscal policy. In fact, it indicates that in 2025, the number of interest rate cuts will decrease or stop. The stock market and the cryptocurrency circle fell sharply.
In fact, it is not the panic caused by Powell's information, but at present, the US stock market is at a high level, the cryptocurrency circle is at a high level, and the dealers and Wall Street institutions are just using Powell's news to carry out violent harvesting. Everyone must understand that the Federal Reserve serves the United States, or the American capitalists, mysterious families and crocodiles. The US stock market and the financial market are an important source of national funds, and they are the withdrawal points to maintain the rule and maintain the operation of institutions. This metaphor can be used as a reference for the A-share market. Didn't the secretary of Dongguo Village deceive the leeks to rush to the A-share market during the National Day holiday, and then violently harvested them? Isn't this how the money for the operation of national institutions, military, and organizations comes?
Therefore, the big sharks and the country will install mysterious institutions to cut retail leeks, without anyone noticing, and put the blame on Powell, otherwise how can the leeks continue to rush forward again.
At present, from the daily level, BTC has fallen in large volume in two days with a large negative line, and has fallen below the rising trend line. The moving average crosses and the macd crosses downward. It can be seen that the daily level callback pattern is gradually forming. At present, if the volume falls below 96,000 again, you will soon see BTC at 90,000. At present, the upper pressure is around 101,135, and the lower support is around 96,000 and 90,000.
From the 3-day line pattern, the macd crosses and all the past will have a large callback. The risk may come late, but it will not be late. From the perspective of the pattern, there may be a chance to drop to 85,000. The risk has not been eliminated, so don't hold a large position when buying at the bottom.
During this decline, everyone should dare to buy at the bottom in batches. Continue to place orders and wait for the subsequent layout. This callback is the last relatively good relay bottom-buying opportunity in this bull market. You can panic, but don't miss it.$BTC