$BTC
I predicted today's big correction a week in advance. Now it looks like this. The CPI data will fall sharply tonight. It will fall to the point where all those who chased the long position will be liquidated. I knew this would be the result. Unfortunately, I went short too early yesterday and stopped the loss with discipline. I expected it to rise until December, until the Fed stopped cutting interest rates. If the Fed cuts interest rates, the bull market may continue, but I think the risk of Trump taking office is too great. Trump has three powers in one, so it will be difficult for the Fed to cut interest rates. The CPI data will be released tonight, and the probability of the Fed cutting interest rates will continue to fall. The current probability of a rate cut is 63.8%, and the October CPI, November CPI and non-agricultural data will all point to no rate cuts, especially the October non-agricultural data of 12,000. No matter how bad November is, it can't be worse than October. Those who understand will understand. As long as you understand a little bit of economics, you will know that the Fed's rate cut is unsustainable. Let's take a look at why the RMB exchange rate has plummeted. Why doesn't the People's Bank of China intervene in the exchange rate? The reason is simple. It has been predicted. I have always believed that China's economic bureaucrats are extremely smart. From predicting the Fed's interest rate cuts in advance to Trump's election, to the Fed's abandonment of interest rate cuts in the future, the central bank's policies are very forward-looking. The Fed will not cut interest rates and expand its balance sheet. This time, the Fed is expected to watch the liquidity crisis in the United States again! Every time the Fed lets the crisis happen, why? Because they want to harvest leeks. The Fed belongs to Wall Street financial capitalists, not the American people. You can find that the trend of this wave of small and large bulls is similar! If a crash really happens, based on historical experience, it may take until the year after next for prices above 90,000 to be trapped. I think next month is an absolute turning point, and the highest point of Bitcoin should occur next month, but the crash should occur after Trump is elected, which means there is a possibility of top area shocks. In this top shock zone, mainstream coins will make up for the rise and altcoins will fly around, following the last market trend of the last bull market. Now BNB and ETH are not rising much. Those who understand will understand. If you want to make money in the doomsday bull market now, you should go long on mainstream coins and buy spot altcoins, and either don't do Bitcoin or go short at a low multiple. This wave of guessing the dog market failed in the callback before the market value reached 3 trillion, so I will never guess the high point again.