Shanzhai cut down!!!
Has the bear returned???
Is there still hope for the market???
From the market turmoil triggered by Powell's remarks, we once again witness the rapid changes and unpredictability of the financial markets. A single remark about interest rate cut expectations can cause the Nasdaq to plummet, and Bitcoin also did not escape; this is indeed a sudden "storm." Behind this apparent chaos, however, lies some market logic and opportunities worth pondering.
Firstly, Powell's hawkish remarks undoubtedly conveyed a clear signal to the market: future monetary policy will remain tight, and there is limited room for interest rate cuts. This has led to pressure on asset prices and a wave of sell-offs in the market. However, it is noteworthy that such sell-offs often come with opportunities, just as Wall Street's capital still chose to make significant net inflows into ETFs during the crash, showing their optimism about the long-term value of the market.
For the crypto market, although Bitcoin also experienced a significant decline, it fell at a rate similar to that of the Nasdaq and did not suffer excessive additional losses. This reflects the gradual maturity of the Bitcoin market, which has a certain degree of resilience. At the same time, Powell's comments about the Federal Reserve not holding Bitcoin, while causing a short-term impact on the market, did not change Bitcoin's long-term prospects as a potential national reserve asset.
In addition, we should also note that market adjustments are often accompanied by secondary dips and short-term fluctuations. Although these fluctuations can be worrisome, they also present good opportunities for us to enter the market.