Because BTC broke a new high again today, there is still no URPD data, and there should be no data tomorrow, because after I recorded the data, that is, after Powell finished his speech, the price of#BTCbroke a new historical high again, approaching US$77,000. Of course, this is also a good thing.
The focus today is Powell's speech. In fact, there is nothing new in the speech, and it did not reveal the future direction of monetary policy. However, when a reporter asked whether he would be marginalized by Trump, Powell said that this would not happen, which also shows that Powell should be able to complete his term.
To be honest, Powell did not make any obvious mistakes in this cycle. The US economy is still in trouble and there is still a chance for a soft landing. Although the current unemployment rate has been over 4% for a long time, it is still at a historically low point, indicating that the US labor market is still very strong and wage levels are good. We can even expect GDP to rise, so it is indeed too early to talk about an economic recession now.
As BTC rises, $MSTR continues to perform very well, breaking through the recent high and rising by more than 7.5%, and starting to significantly lead other "BTC", even including $COIN. As for the alt season that friends are looking forward to, there are some signs at present, but it has not yet fully developed. Let's wait and see, but I feel that the opportunity is much higher than before.
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