When I see many so-called analysts and KOLs saying that Powell's statement about the Federal Reserve having no intention to hold Bitcoin is the culprit for this crash, it really is quite funny. The cryptocurrency market is down, the US stock market is collectively plunging, the RMB exchange rate is dropping, gold is plummeting, could it all be caused by the 'Federal Reserve's lack of intention to hold'?
The meaning of the Federal Reserve is very clear: inflation will slow down in 2025, and the rate cuts will be reduced.
This is the core reason for the plunge in various financial assets.
Trend judgment: In 2025, both the cryptocurrency market and the US dollar will show strong momentum. Friends who entered the spot market before November 5 should continue to hold; not only can you make money from the exchange rate, but next year's bull market will multiply your assets several times.
Additionally: I hope those unqualified KOLs post less, exposing their ignorance is truly laughable.