A scene of a "shrew" yelling and scolding has just unfolded: Trump keeps accusing old Powell of incompetence and even making disrespectful remarks, while also facing repeated setbacks in court. Although Trump is being criticized harshly, thanks to judicial rulings, the Federal Reserve's independence remains intact, and he can safely serve until the end of his term in May. In other words, Trump initially wanted to pressure the central bank through investigations to force a rate cut, but the judicial system directly rejected this, losing face both internally and externally. Meanwhile, Powell has stabilized the situation amid the tug-of-war.



Looking at the market, Bitcoin initially fell then rose in the morning, and in the afternoon, it experienced a strong rebound. It is now consolidating around 69,000, gathering strength for a move. The trend can no longer be viewed as extremely weak, but since Friday's market still has some uncertainties, caution is advised in trading.

The short target of 68,800 support we publicly provided yesterday has all been reached and successfully fulfilled.

$BTC Intraday trading strategy: Short in the range of 69,540-70,230, with a stop loss at 71,100. The first target is 68,330. If broken, continue to watch 67,400-66,800. #比特币震荡走弱
BTC-3,71%
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