Fud not only targets crypto but also targets the entire international financial market. If you read this article, you will have a general view.

On August 25, Fed Chairman Powell will post gossip about monetary policy. Currently, there are many expectations about being more hawkish and of course causing the USD to increase in value.

- Like my previous post, capital mobilization boss Cathie Wood's expose that the Fed may still raise interest rates or at least maintain interest rates at high levels for a longer time.

- US economic data is generally good and positive, inflation risks still remain. - The 10-year US Treasury bond interest rate reached 4.20%, reaching its peak.

- Because capital costs have increased, gold investors have been exiting one after another, feeling that holding on to current gold is a waste.

- Capital costs increase, so venture capital products like Bitcoin are also less attractive.

- The cost of USD capital increases, the need to disburse investment abroad also decreases, and of course developing economies like Vietnam will also be tired.

- SpaceX also sells its Bitcoin holdings. - And of course, Bitcoin falling below the weekly SMA200 also caused many technical analyzes to be incorrect.

- Bitcoin support is at 25k (the bottom of the most recent price drop in mid-June), most consider a lower level to be impossible!

In short, I'm not afraid of Bitcoin falling, I'm just afraid of not having money to buy more :)