Trump scolds Powell for being incompetent,
while being harshly slapped in the face by the judge.
Powell is called an 'idiot',
yet he relies on the judicial system to maintain the independence of the Federal Reserve.
He still has to continue until May.
What does Trump want to do?
Wants to force the Federal Reserve to cut interest rates through investigation.
So what happened?
The judicial system directly poured a bucket of cold water.
It's Trump who can't save face.
It's Powell who is struggling to survive in the cracks.
But the market's reaction is more honest than politics.
The morning started with a decline followed by a rise.
The first wave of strong rebound arrives in the afternoon.
Currently hovering around 69K, building momentum.
This position is crucial.
If the trend is still extremely weak, the rebound wouldn't be so strong.
In terms of trends, we can no longer treat it with a one-sided bearish perspective.
Our operation yesterday was very straightforward
Open short position,
Target 69000,
All lines arrive.
But today's script has changed.
BTC trading strategy (short-term)
69800 - 70300 short
Defense 71100
Target 68400
Break point looks at 67400 - 66800
Why this position?
69K is the dividing line between long and short.
Friday's market itself carries variables,
Trump's farce did not bring substantial panic to the market,
Rather, it was the judge's slap that made the market see one thing clearly:
The Federal Reserve won't bow down just because someone criticizes them harshly.
This is for risk assets,
Short-term is volatile,
Medium-term is a reassurance.