From a purely liquidation perspective, BTC pulled back to 119000, and the cost-effectiveness of Ether pulling back to 3900 is much higher than continuing downward. Currently, the pullback depth of 113 and 35 is acceptable, but to achieve the same psychological effect, it has to go down to 110 and 32.

After Nvidia, Microsoft's market capitalization has also exceeded 4 trillion, AI is really a good thing.

The US stock market is clearly experiencing a divergent trend now; anything related to AI is rising, while the rest are in downward movement. In the crypto world, BTC and Ether are rising, while the rest are in downward movement. The bull run is evident, with large institutions banding together for warmth.

There is no doubt that Trump definitely wants to visit China and achieve a historic meeting with the three giants, and take a nice photo to go back and win big. No matter what he says, as long as a ladder is offered, he will definitely rush over immediately.

Today, the fall of BTC seems quite calm, as the market has already accepted the expectation of a pullback. After all, most people hold altcoins, and altcoins have already pulled back for three to four days and are taking a break. Ether is currently relatively strong, having not broken below yesterday's low of 3500, while SOL has returned to the upper band of 175 from last week's peak.
115000 is the EMA 20-day line support + the position of a 0.5 pullback from the highest point of this round of market start, which can be considered a medium support. Let's see how it performs.

It feels like after just one day of adjustment, the atmosphere is good again today; this is a bull run.

Tonight, Powell only gave a brief speech, which was solely related to regulation, and did not mention monetary policy throughout, nor did he respond to any resignation rumors.
Interestingly, Besant unusually expressed support for Powell, stating that Powell has no reason to resign.
This message combines with Trump's statement yesterday: I don't need anyone to explain this to me. I know better than anyone what is beneficial for the market and what is beneficial for the United States.
Given Trump's personality, he might feel that being perceived as manipulated by outsiders is very shameful, whic

Previously, the news was mainly about the U.S. Treasury Interest Rate constantly rising, but in the past few days, it has unexpectedly started to decline.
As soon as the US debt crisis is resolved, the US stock market and other risk markets like the cryptocurrency market will rise. The decrease in treasury yields indicates that there is ample buying liquidity in the market. The specific reasons are not very clear; it may be due to expectations of interest rate cuts. In other words, the current market conditions may be trading in anticipation of interest rate cuts.
Buy the expectation, sell the