Those brothers who are trapped above 82,000, stop self-hypnotizing yourselves.

Before and after Thursday's data release, there will be a wave of high-efficiency harvesting targeting the bulls.
This week is very likely to follow a script of "rising sharply, then falling back, and accelerating downward."
Today at 20:30, the latest US employment data (unemployment benefits), Q1 actual GDP, and core PCE data will be densely released.

The current market logic has completely "flipped." The better the data, the more severe the decline!

You must understand this brutal formula:
Better data (strong economy) → Higher interest rates last longer → Expectations of loose liquidity shattered → Negative impact on risk assets (Bitcoin / altcoins)

Bitcoin 82,828 might be the "ceiling" for the first half of the year.
Considering the current market situation, after touching 82,828.7, Bitcoin quickly retreated, indicating extremely heavy selling pressure at high levels.

Good news is actually bad news: the market has already priced in part of the "no rate hike" expectation.
After Powell finishes speaking and all macro cards are revealed, Zijin will quickly withdraw to find a safe haven.

Liquidity exhaustion: high oil prices push up inflation, and the Federal Reserve dares not easily loosen monetary policy.
Without new large inflows, every step above 80k is a trap.
Those brothers trapped above 82,000, stop self-hypnotizing yourselves.
Before and after Thursday's data release, there will be a wave of high-efficiency harvesting targeting the bulls.
This week is very likely to follow a script of "rising sharply, then falling back, and accelerating downward."
Today at 20:30, the latest US employment data (unemployment benefits), Q1 actual GDP, and core PCE data will be densely released.

The current market logic has completely "flipped." The better the data, the more severe the decline!

You must understand this brutal formula:
Better data (strong economy) → Higher interest rates last longer → Expectations of loose liquidity shattered → Negative impact on risk assets (Bitcoin / altcoins)

Bitcoin 82,828 might be the "ceiling" for the first half of the year.
Considering the current market situation, after touching 82,828.7, Bitcoin quickly retreated, indicating extremely heavy selling pressure at high levels.

Good news is actually bad news: the market has already priced in part of the "no rate hike" expectation.
After Powell finishes speaking and all macro cards are revealed, Zijin will quickly withdraw to find a safe haven.

Liquidity exhaustion: high oil prices push up inflation, and the Federal Reserve dares not easily loosen monetary policy.
Without new large inflows, every step above 80k is a trap.