Download CoinGlass, you can use it without registering, the liquidation map inside can help you understand better - why is the big pie doing this?

Many people are in despair! Why did it fall despite the good news last night? Let me explain:

During a Q&A session with the Federal Reserve, someone asked about $BTC , and old Powell clearly stated that he and the Federal Reserve do not have a positive outlook on Bitcoin. They do not believe that Bitcoin is suitable as a strategic reserve asset.

Although theoretically Congress could amend the law to force the Federal Reserve to accept Bitcoin, old Powell hopes that this situation does not occur. In short, Powell and the Federal Reserve have a negative attitude towards Bitcoin and do not wish for it to become an officially recognized reserve asset.

Many people do not understand; after all, the President is in charge, can't he handle this small matter? Let me put it this way, everyone originally thought it was a 100% winning situation, but suddenly two villains pop up to oppose you, and your winning rate drops to 70%. As someone betting on the show, shouldn't you bet on both sides?

Got it? But the drop is so severe; it's definitely the market manipulators at work!