Last night, Fed Powell said that the black swan, $BTC fell directly from a high place, almost falling below 86,000!
This drop is so frightening that those who chased high prices before probably have their hearts bleeding. Now everyone is wondering whether this bottom can be copied? But let's take it easy and don't rush to catch the flying knife.
In short, Powell said that the US economy is now very good, the labor market has returned to normal levels, and inflation is slowly moving towards the target of 2%. He also said that there is no rush to cut interest rates, and we have to see how Trump's new policies will affect the economy.
After Trump won the election, everyone was worried that he would come up with some policies that would push up inflation, such as increasing tariffs and reducing taxes. So the market is guessing whether the Fed will slow down the pace of interest rate cuts due to inflation risks. Powell said that the economy is so good now, and the interest rate cuts have to be done slowly, and we have to see how Trump's policies will affect the economy.
He also mentioned AI, saying that the impact of this thing may be greater than we imagined and come later. However, AI has no direct impact on monetary policy. The Fed is most concerned about the labor market and price stability.
Speaking of this, we must also be sober. Although Bitcoin has fallen sharply, bottom-fishing is really not a joke. You have to think about whether you really understand this market and whether you can really afford the risk. Don't rush in as soon as you see the decline, and end up trapping yourself.
So we still have to be cautious, look more and think more, and steady and steady is the kingly way.
For dry goods in the currency circle, click on the avatar to follow me, and enjoy the deployment of 100-fold potential coins in the domestic bull market and daily spot strategies! Like + leave a message to share the next ten-fold password
