$BTC The recent market conditions are not good, everyone be cautious of risks!

Recently, the market has been very volatile, especially with the significant drop in U.S. AI stocks, which has led to a downturn in the cryptocurrency market. The plunge of Oracle and expectations of interest rate hikes by the Bank of Japan have made market sentiment lean towards risk aversion, resulting in many people's contracts being liquidated. The current market is truly difficult to navigate; I've had several precise entries, but the overall difficulty is extremely high.

It is expected that the market will fluctuate in the next 1-2 months, and it is unlikely to break through in the short term. In the long run, Bitcoin may break new highs, primarily due to the “Yellow Hair” investments in cryptocurrencies and mining companies. Next year, Yellow Hair may possibly use political means to push Powell out of office, initiating a trend of interest rate cuts, which could lead to a rebound in the cryptocurrency market.

However, the biggest current issue is excessively high inflation; the midterm elections next year will prompt Yellow Hair to take measures to lower prices, and inflation is expected to gradually decline, with interest rates dropping. In the short term, everyone just needs to be patient and wait, avoid chasing prices up and down, and when prices drop, it’s a good time for dollar-cost averaging, while not chasing highs during a rebound.

BTC needs to stabilize at 94000 for two days before we can expect a real market change. Everyone should operate in waves and move steadily forward! Wait for my arrangements! $FIS #美联储FOMC会议 $FORM #美联储降息