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Crazy! Powell fires the gun, hundreds of billions in funds fleeing! Bitcoin, Ethereum, Dogecoin life-and-death judgment on 4.29๐ฅ
Brothers, risk aversion sentiment is sweeping the entire market, and the Federal Reserve hasn't spoken yet, but the market has already fallen first!
1. $BTC Bitcoin last night the bears broke through the 76,000 psychological level, currently still expected to decline, with the first support at $73.8k. If this support holds, there will be a second rally, but it won't reach $79.8k; the market needs to adjust, and the full altcoin season will only come then.
2. $ETH Ethereum is currently following Bitcoin, entering a correction phase, with support at $2,100. Stay short for now, donโt move. The downtrend is forming, and it wonโt take off so quickly.
3. $DOGE Dogecoin, the only stubborn one, is holding at $0.099, trying to be the big brother of altcoins. It wonโt surge that strongly. Currently, Bitcoin is correcting, but Doge is showing surprising strength, and Iโm optimistic. Brothers holding long positions, hold tight; I will advise to escape later.
4. Summary:
Tonightโs Federal Reserve statement is the โnuclear button.โ The trend has already broken, donโt go long on the decline! If you hold spot positions, reduce your holdings at high points without hesitation; if youโre in cash, donโt try to bottom fish! For futures brothers, reverse and short Bitcoin for 5x gains. We still need to keep an eye on the market and operate in real-time every day~