Yesterday morning, Powell's words shocked more than 200,000 people. They thought that there would be no more rumors after the rumors, but they did not expect that the short sellers would come back and the Fed had no intention of participating in any plan of the government to hoard a large amount of cryptocurrencies.

In addition, the Fed meeting lowered the expectation of interest rate cuts next year. Affected by this, the cryptocurrency market has experienced four rapid declines, and today's decline is the fifth.