Good morning, brothers. The six major sects are attacking the Bright Summit. What should we do!!!!?? Protect the first sister

After experiencing last week's plunge,

will the future market plunge further or will it reverse?

This round of plunge has knocked down many investment experts,

Yili Hua has lost over $700 million (4.9 billion RMB), buying ETH above $3000,

all sold off around $2000.

Everyone will notice that after he sold, the market rebounded.

But we can't hold on, what if it continues to drop?

If it goes into liquidation, it will be a total loss, better to cut it now.

The future market still depends on macro trends

(1) Current interest rate cut expectations have fallen to freezing point

Most people believe the Federal Reserve won't cut interest rates in June

That's why last week's plunge occurred, so currently it's the worst situation, it can't get much worse than this

Therefore, we feel that BTC is close to the bottom now

(2) But be careful of a war causing another wave of decline

The U.S. aircraft carrier strike group has entered the position to launch strikes against Iran.

At the same time, the U.S. military continues to gather aircraft and ground-based air defense systems in the Middle East.

If the dialogue between the U.S. and Iran in Oman doesn't go well, they will go to war directly! Probability 40%.

So we must guard against another drop.

Chuanzi's approval rating has plummeted; if war breaks out, the Republican midterm elections will be doomed.

So the good news is that Chuanzi also doesn't want to fight.

(3) Japanese Prime Minister Kishi Nobuo led the Liberal Democratic Party to a great victory

Will adopt active fiscal measures to stimulate the economy,

In simple terms, it means to curb rising interest rates, the government will print more money,

which is beneficial for BTC and other risk assets.

Otherwise, if the Bank of Japan raises interest rates sharply, the funds profiting from arbitrage in the U.S. will flow back in large amounts, which will be detrimental to the cryptocurrency market.

Objectively speaking, BTC is close to the bottom now, which is still reliable.

Don't sell now, hold on for a rebound,

Once the Iran issue is settled, there will be a strong rebound.

This week's key focus

Non-farm payroll data will be released at 21:30 on Wednesday,

CPI data will be released at 21:30 on Friday.