The downward space from the cryptocurrency market does not seem particularly large at the moment. I have experienced the drop on May 19, and I estimate that this wave will drop to around 90,000, and there is not much liquidity below. Of course, we cannot rule out further declines. The formal reversal will depend on how Trump and the others play their cards. Currently, the situation is that the Democratic Party is using the Federal Reserve and the debt bill to put the Republican Party in a difficult position. The U.S. stock market is expected to consolidate today.
Waiting for the right opportunity with no positions.
By the way, if we use a YouTube crawler + LLM API to fully analyze Powell's speech at 3 AM on the 19th, it is possible to accurately escape the peak within 30 minutes. At that time, all negative factors will be out, and while Powell changes the interest rate cut direction, the U.S. stock market and cryptocurrencies have not yet significantly declined.