Early morning panic! The Federal Reserve turns hawkish, Bitcoin crashes, the market completely changes face 🔥

$BTC
Sleepless last night! On the early morning of May 22 Beijing time, the Federal Reserve delivered a "hawkish punch" to the market, causing a bloodbath in the crypto world. Bitcoin (the big pancake) plummeted sharply, and the entire network was filled with cries of despair!

Federal Reserve Governor Waller delivered a heavyweight speech, directly overturning the market’s previous hopes for rate cuts, with a firm hawkish stance:
Explicitly stating that resuming rate hikes is not ruled out, if inflation remains stubborn, rate hikes could be implemented at any time, emphasizing that inflation has not moved toward the 2% target, supporting the removal of the "dovish language," with rate cuts no longer a priority, and the possibility of rate hikes increasing. Market expectations have completely reversed: from "three rate cuts this year" to "a 25 basis point hike by the end of 2026," with rate cut expectations thoroughly cooled!

Once the hawk’s cry sounded, Bitcoin instantly collapsed, with a tragic trend:
Quickly dropping from high levels, the lowest touched $75,185
The entire contract market was bloodied, short-term bulls were liquidated in bulk, with over 10 billion in liquidation, and leverage funds frantically fleeing
Mainstream coins like Ethereum also plunged simultaneously, with ETH once dropping below $2,100, a retreat of over 40% from the year's high, and altcoins suffering even more devastating declines!

The Federal Reserve’s hawkish claws are now exposed, and the crypto market bids farewell to gentle rises, officially entering a phase of "high volatility and strong divergence." Last night’s crash is just the beginning; every subsequent Federal Reserve official’s speech and inflation data could trigger huge market shocks. Respect macroeconomics, strictly control risks—only then can we survive in chaotic times! #沃什宣誓就任美联储主席