Last Friday, the United States released non-farm data and employment data. The macroeconomic situation presented by the two data is very contradictory, which led to a sharp drop in the crypto market, and the altcoins generally fell by more than ten points. There is a problem in the narrative. Since the data is contradictory, why did it plummet? I have never figured it out, but based on my recent observations, I think that now Wall Street has formed a new force to short Bitcoin, and they have begun to attack the cryptocurrency market in groups. The specific method is probably to make short orders for Bitcoin spot funds and MicroStrategy company stocks in the U.S. stock market, with various negative news, forcing BlackRock and MicroStrategy to sell Bitcoin, and at the same time put high leverage in the crypto market to short, so as to achieve easy fish to eat more. Many group friends said that it is a bull market now, and there is an expectation of interest rate cuts. Bitcoin is so good, why do Wall Street institutions still short it? The main reason is that everyone looks at the problem in different time dimensions. For me, there is no doubt that there will be a big bull market from this year to next year, and the market is also very expecting the Fed to cut interest rates in September. But it is only June now. Wall Street does not need to wait until September to cut interest rates before it can do anything to the people. It needs to be clean now. The long leverage in the crypto market has caused panic selling, and then they will make a lot of money and leave. So for short-term players, you have to pay attention to risks in the short term. Now the macro and US stocks are closely related to the crypto market. The macro situation will be transmitted to some key points in the crypto market very quickly. You must pay close attention to the market, otherwise Wall Street will succeed in short selling, and your account will be lost. But for long-term players like me, even the most powerful Wall Street short-selling institutions are paper tigers. Our response policy can be summed up in eight words: get on board, get on board, get on board, get on board, get on board. Ah, any short selling in the crypto market is our opportunity to get on board. From last year to now, people with patience have made money. I will continue to update the content of the crypto market. Friends who are interested can just stay tuned. $BTC $ETH