The change in the Fed Chair is always a barometer of economic policy, and this time it is particularly sensitive. President Trump has long criticized Powell for not being aggressive enough in interest rate policy, believing that the Central Bank should cut rates more significantly to stimulate economic rise, market vitality, and job opportunities. This dissatisfaction has run throughout his entire presidency and has been repeatedly expressed in public. As Powell's term approaches its end, the Fed finds itself at a delicate Node: inflation has fallen from its peak, but signs of weakness are emerging in the labor market.


If the new chairman cannot maintain the independence of the Central Bank, the credibility of monetary policy will be damaged. The White House has made it clear that it hopes the successor will be more attuned to the president's opinions, which has raised widespread concern.
Bitcoin has recently been fluctuating around the 84500-90000 level in a wide range. To be honest, this fluctuation range is still quite large. The volatility in this trend represents both risk and opportunity. For those who are against the trend, it can certainly be painful, but for those who follow the trend, it is a windfall. During this period, Jiang Wei's trading has seen a significant explosion, with almost all winning trades.
On the daily level, the price is currently maintaining its position in the lower-middle track interval. The current price is under pressure at the mid-track position and has not broken through and stabilized above the mid-track. It is evident that for the price to rise better, there may be a retracement to build momentum. At that time, the pullback will be an opportunity to enter bullish.
You can refer to the range of 86200-86500 for a gradual bullish outlook. The target is around 89000. Although the current price has not reached the ambush point, just be patient and wait. The points are for entertainment reference only #BTC #ETH .
ETH-1,02%
BTC-0,72%
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