Bitcoin is charging towards 100,000, will the accumulated risks pull back?
When the Federal Reserve's attitude started to lean dovish, the US dollar index responded by rising
Last night, the dollar dominated all global currencies
The three major indices rose together; at this moment, no matter who stands against the dollar, there is no room for resistance
Additionally, the SEC chairman Gensler has decided to resign from his position in January 2025
This person has always been committed to cracking down on cryptocurrency ETFs
Whether it's the Bitcoin ETF or the Ethereum ETF, they have repeatedly been targeted by this individual
The reason why Trump is called the cryptocurrency president is that he once stated that on his first day in office, he would fire this person
Now this individual has proposed to resign, suggesting that the new SEC chairman in 2025
Will relax the past strict regulation and control over cryptocurrencies, which is obviously a positive sign
As a result, cryptocurrencies have started to surge
Bitcoin is pushing towards 100,000
SOL has broken new highs, and ETH has also managed to climb 300 points during a weak moment
This is clearly a night of market celebration, but risks are gradually accumulating
Today's BTC fear and greed index has reached 94
The red warmth is approaching its limit
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