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Notice
The Federal Reserve announced that it will maintain the benchmark interest rate. Facing pressure from the Trump administration's continuous calls for rate cuts, this is the fifth consecutive time that the Federal Reserve has decided to keep the interest rate unchanged.
Last night I inserted a needle downwards. I didn’t hit the village chief’s take profit, didn’t hit it, by 3 o'clock the village chief must have been asleep already, couldn’t hold on.
Today, after closing, it's still around 118000, and the big coin's 2-day and 3-day lines are still diverging.
Ethereum's 2-day and 3-day lines are weak.
U.S. stocks hit a new high, and as shorts are piling up, it is expected that the shorts need to be liquidated for the stocks to pull back.
Summary. Currently, Bitcoin and Ethereum are being held up by the US stock market. When the US stock market corrects, it is expected to deliver a heavy blow to the bulls. The village head remains bearish. The bears will never be slaves.
Shenzhen Chen Village Committee Party Branch
#Bitcoin