Today’s market is simply being bombarded by three major negative factors: Powell, Trump, and US stock earnings reports, and my accounts are almost overwhelmed!

First, let’s go over this series of consecutive shocks with my brothers. The first wave is from Powell. Although he is about to step down as Federal Reserve Chair, he still holds the position until 2028. Today, he directly stated that inflation is high, and now the market believes that the probability of future rate hikes is much greater than cuts. Once this was said, the entire market’s expectation of easing was immediately cooled down, and this first wave of bad news was delivered.

Then, the second wave comes from Trump’s bluster. This morning, he openly said he would bomb Iran, forcing Iran to soften and make concessions in nuclear negotiations. This geopolitical uncertainty immediately heightened the market’s risk aversion sentiment. The already fragile market confidence was further crushed, and the second wave of bad news followed.

The third wave is even more brutal. The earnings reports from giants like Microsoft, Google, and Amazon all show positive data, but instead of boosting the market, they became reasons for selling off. Over the past half month, US stocks have been rising daily, already pricing in these positives. Now that the earnings are out, the good news is fully priced in, and it turns into bad news. Plus, these companies will increase AI investments and spend more money, leading to profit-taking and a rush to sell. The third wave of bad news completely stunned the market.

Today’s super news day is basically a full package of negatives: Powell’s rate hike expectations, Trump’s geopolitical risks, and profit-taking in US stocks. These three major negatives have directly caused the financial market to collapse. The crypto market’s BTC also couldn’t withstand it, dropping straight to 75,000, looking like the sky is falling. But honestly, with so many negatives hitting, if BTC can hold above 75,000, it’s actually a good sign.

This drop from 79,500 to 75,500 is a 4,000-dollar plunge. Those trading with high leverage have mostly been liquidated; the market makers are really ruthless. I’m just sitting tight now, waiting for this wave of bad news to pass, waiting for a rebound back above 80,000 before considering closing longs and taking a break.

If you want to stay in sync with me and not be led by the news, join my circle directly. I analyze market logic daily, give early warnings of risks, and help you get through the turbulence steadily, eating profits without getting caught in traps!