🔥Powell cuts off interest rate dreams with one strike! Bitcoin's $94,000 false breakout was instantly smashed down to $91,000, the 2025 continuous rate cut bull market is directly cooled, get ready to face the data hell!🔥
This morning after the FOMC cut by 25 basis points, Powell’s statement that 'we are now in a good position to patiently wait for more data' directly beheaded the market's wild fantasies of rate cuts from last year! Inflation is stuck, and employment is cooling slower than a turtle; there is no preset path for 2025, only data matters. In plain language: stop dreaming about continuous rate cuts propelling Bitcoin to soar!
As a result, Bitcoin was instantly scared into a panic, crashing from a false breakout at $94,000 back to $91,062 due to terrifying sell orders, with a long upper shadow resembling a tombstone on the K-line. The top ten cryptocurrencies all plummeted, and altcoins were left bleeding profusely. This is not just a shakeout; this is a collective execution of the bulls!
The Fed's mouthpiece Nick Timiraos further added four major death signals: policy recalibration has ended, committee division, rate hikes are not impossible, and employment data can turn negative at any time. Powell’s own words of 'we can wait' are equivalent to personally sending the 2025 rate cut bull into the freezer.
Now, even without rate hikes, just the mere 'not cutting' has scared the market to the brink of liquidation. Still waiting for $120,000 or $150,000, brothers, first ask yourself if you can survive this wave of data nightmare! The bull market isn't over; it has been directly pressed into the coffin lid by Powell!
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