Phyrex
Phyrex|May 29, 2025 19:58
The homework for the past two days has been difficult to complete. Despite the continuous positive news, the price has not risen, and has even fallen slightly. On the contrary, the trend of BTC in the US stock market is still good. In the three working days after this week's work, Bitcoin has also fallen for three consecutive days, while the US stock market has risen for three days. We also talked about this issue yesterday. Bitcoin has already returned to pre tariff levels a long time ago, but the US stock market still has some room for improvement before the tariffs. However, I don't know whether today's MSTR has gone ahead. Yesterday's good news is that 401K pension can enter the cryptocurrency market. Today's good news is that Trump's tariff policy has been temporarily suspended. Except for some tariffs with China, as well as auto and steel tariffs, the other 10% of basic tariffs and equivalent tariffs have entered the 14 day suspension period. Although the Trump government is also actively fighting a lawsuit and preparing to study new plans to re control tariffs, this lawsuit can at least let Trump know that even the president can not do as he likes, and the problems encountered by tariffs may be reduced. Secondly, Trump finally met with Powell publicly after taking office. Although there was no substantive discussion on monetary policy, and after the meeting, the White House announced that Trump believed that Powell's decision not to cut interest rates was wrong, but this meeting can also show Trump's urgency for economic and monetary policy. I hope it can bring some help. Looking back at the data of BTC, although the price has fallen, the turnover rate is also decreasing, which has not yet caused panic. Short term investors, especially short-term loss making investors, are still the main force of turnover, while earlier investors are still on the sidelines. The support is still between $93000 and $98000, with not much fluctuation. After all, even if the price changes, the current support level is still very stable. Tomorrow will be the data of the core PCE. Although I think the impact is not significant, if the data is better than expected, it will also boost the market sentiment. However, if it is not good, it is estimated that the weekend will not be easy. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads