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Yesterday, the big cake had a downward trend, and then it stabilized at the bottom yesterday afternoon and broke through upward, but this breakthrough only lasted until about 2 o'clock in the morning today, and then the big cake bottomed out again. At present, the big cake is still hovering around the bottom of 56,000 points, and the signs of upward breakthrough are not clear. The short-term chairman's operation suggestion is to be cautious, and do not blindly open contracts, which may cause serious losses! As for the medium and long-term chairman's suggestion, it is to do low-leverage contract long orders. The external storm is still unmoved and I am as stable as a mountain, and the explosion point is controlled at the lowest point of the last bear market! If you don't know how to operate medium and long-term currency-based contracts, you can contact the chairman at any time!
Now the president will take the brothers to look at the relatively valuable information from yesterday and today
According to monitoring, the whale with the address starting with 0x546 withdrew 331.3 billion PEPE ($2.24 million) from the exchange at a price of $0.00000675 an hour ago. It is worth noting that the whale shares the same exchange deposit address with the smart money 0x1c6, who sold all UNI before the price drop on April 10, 2024, with a profit of $6.99 million (+70.7%). In the past 3 days, Whale 0x546 and Smart Money 0x1c6 have withdrawn 660.7 billion PEPE ($4.57 million) from the exchange together, at a price of about $0.00000692. The feeling of the president after seeing this information is to tell brothers that pepe is still a currency that can be purchased, because in the meme coin sector, dogecoin is the currency with the longest issuance time and the most dispersed chips, while Shiba Inu coin is the second currency with a relatively short issuance time and relatively concentrated chips. As for pepe coin, it is the currency with the most concentrated chips and the shortest issuance time, and it has not experienced the baptism of the last round of bull market. Brothers, in the eyes of the president, pepe is the currency with the most potential to become a 100-fold currency in this round! Brothers can make appropriate arrangements!
Fed Chairman Powell said that inflation is still too high and further progress is uncertain. Inflation has slowed significantly, but it is still above the 2% target; the inflation data received this year is higher than expected, although long-term inflation expectations remain stable; so far, this year's inflation data has not given the Fed greater confidence, and it may take longer than previously expected to gain greater confidence. He also said that the Fed sticks to the 2% inflation target. Fed Chairman Powell said that short-term inflation expectations have risen, and he does believe that policy is tight and has put pressure on demand. Decisions will be made on a case-by-case basis, and decisions depend on the upcoming data. The next policy rate adjustment is unlikely to be a rate hike. If you want to raise interest rates, you need to see evidence that policy is not enough to reduce inflation to the Fed's target level. The president helped the brothers translate the human language, that is, inflation is still a bit high at present, and there is no plan to cut interest rates.
Contract: The president's suggestion is still to buy at a low position in the long term, and do not blindly place orders in the short term. The precise position will be given in the community later. Sol can place orders around 120-115, and brothers can boldly enter the rudder!
In terms of altcoins: Brothers can consider ambushing Ethereum Layer 2 appropriately, and try not to touch the contracts of meme coins, AI tracks, and altcoins. Spots must also be equipped with stop losses, and don't be too greedy, don't think about eating a fat man in one bite.
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