Powell confirms: BTC surges

It’s not that people can guess correctly, but that Powell never disappointed the market.

In that globally striking speech last night [1], Powell confirmed:

1. Confidence has increased significantly for inflation to continue to return to the 2% target. "I'm more confident that inflation will steadily rebound to 2 percent," he said.

2. The job market has cooled down. "Today, the labor market has cooled considerably from its formerly overheated state.)

3. Economic growth remains tenacious. "Overall, the economy continues to grow at a solid pace."

He further emphasized: "The upside risks to inflation have diminished. And the downside risks to employment have increased. As we highlighted in our last FOMC statement, we are attentive to the risks to both sides of our dual mandate.)

He firmly confirmed: " The time has come for policy to adjust." (The time has come for policy to adjust.)

This is not a "hint". Is this already "explanatory" OK?

However, regarding the pace and extent of adjustments, he said: "The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks. (The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.)

It's exactly the same as what [ Yesterday 's Insider ] said.

Powell's speech, the ceiling of language arts.

Just as Powell spoke, BTC bulls and bears fought. First, the bulls suddenly pulled BTC from 61k to over 62k within 15 minutes, and then the bears took three 15 minutes to push the bulls from 62k back to 61k. But the bears are unable to turn the situation around in the end, and the even zero-sum game in the field cannot change the direction of external forces. BTC started to soar from 61k, and by around 5 a.m., it had risen above 65k.

When I got up in the morning, the Jiaolian saw this scene and sent a greeting: " Whenever it is soaring, don't just ask about the rise and fall, first ask if your position is enough. Encourage with you. Good morning!"

The community shows the appearance of beings: some people are secretly happy when they eat in full stock. There are some people who claim to clear the warehouse and put the bag in peace. There are also people who regretted reducing positions and not know whether they can get on the bus if they fall. Some people cry and lose money after losing their money. There are also people who slapped the swollen face and pretended to be fat, which means that short orders don’t hurt.

There is a violent argument that 100,000 yuan is the starting point, and now you must have a short position and wait until 100,000 yuan is on the car before you can get on.

If someone else is crazy, he threatens to wait 25,000 in vain. If he can't wait for his son in this life, he will let his son continue to wait. If his son cannot wait, he will let his grandchildren continue to wait. If his son cannot wait, he will let his grandchildren continue to wait. His descendants will vow to wait.

All these are a grand view.

There is a saying that people can’t teach, but they can do it once they teach. But this market seems to be failing. No matter how many times the stock is broken or how many times it is lost, it is still a matter of food and not a complaint.

The fate of a contract is to lose its position. The end point of the short position is to get out.

Many people claim that they are both a long-term believer of BTC, and also a short-term short seller and order-booker. I don’t believe in this kind of words.

The touching nature of this logic reminds people of a famous Russian prostitute who engages in prostitution every day in his life, but claims to be the purest and cleanest woman in the world.

Of course, if the so-called "purity" and "cleanness" mean that it is not profitable, then long-term holders of BTC will indeed be labeled as "impurity" and "impurity".

But just like the heartbreaking story in the Italian movie "The Legend of the Beautiful Sicily" (Malèna), how can this ridiculous world, pure and impure, clean and unclean, depraved and undegenerate, distinguish you and me.

In the depraved eyes and heart, the one who refuses to fall is the depraved.

He laughed. He derogatory. He is crazy.

The Buddha said that all sentient beings suffer.

All sentient beings are suffering and stubborn.