The night before the crash! U.S. stocks bloodbath, the crypto market is about to "explode"?

Brother Wan's view: Don't expect a rebound, hold cash tightly, and be careful if next week's interest rate decision hits again!

Last night, Black Wednesday, the Dow plunged nearly 1,000 points, the Nasdaq dropped 2%, chip stocks collapsed 4%, and the S&P Tech sector entered a correction zone. Oil prices broke through $90, and the VIX fear index soared 12%! The U.S. and Iran are clashing, CPI hit 4.2%, a three-year high, and the market is betting on a rate hike by the end of the year.

What about the crypto world? Bitcoin has halved from its high, evaporating $400 billion in market value in a week, and the fear index is in single digits—worse than the late bear market. In the next two days, the SPACE giant IPO will be pulling blood, and next week, the Americans will decide on interest rates. If new Chair Powell really hikes, prices will drop again.

Don’t be stubborn; now is not the time to bet on a rebound. Reduce your positions to a level where you can sleep peacefully, keep enough cash, and place orders in batches at low points. Don’t go all-in, don’t chase highs.

$BTC ‌

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