Brothers, I've had it with the DJ, is this market on laxatives today?
As soon as the market opened today, silver plunged by 14%, gold also fell by nearly 10%, and several domestic gold and silver futures hit the limit down directly. This is no longer an adjustment, this is a bloodbath!

Affected by the sharp decline in gold and silver, the global stock market has not escaped unscathed, South Korea fell by 5 points, and Japan played a trick of 'don't run, fellow', rising before falling to trap those who chase high prices. Our A shares are even worse, with over 4600 stocks falling, and the limit down boards are densely packed. My one sentence today: Those who can control their hands are all experts. Those who act rashly will all become cannon fodder.

Brothers, here comes the question: why is the global market crashing? The answer is simple: trust has collapsed!


Stop talking about those pointless technical analyses; the core issue today is: the U.S. government is about to shut down again. This sounds like a political farce, but it’s a nuclear-level negative for the global market.

Think about it, when the government shuts down, the most important non-farm and CPI data are all gone. What can we investors look at? It’s like being blind! That’s not even the most critical point; the most critical point is that the market suddenly realizes that the global big brother can’t even manage its own door, and its budget is about to collapse. The 'absolute safety' halo of the dollar and U.S. debt has instantly cracked open a seam. This seam is enough to make all smart money rethink: is gold priced in dollars still a ‘safe haven’?

So, this isn’t some technical pullback; it’s a panic sell-off triggered by doubts about underlying credit.

Those who heavily leveraged to bet on inflation and interest rate cuts in gold are the first to be sacrificed. Panic spreads like a virus, affecting all assets linked to 'U.S. credit.'

As for technical patterns? Heh, the patterns are just informants telling us: the bears haven’t sold enough. Open the gold chart; the price is being pressed down by all the moving averages. Each rebound is so weak that it can barely catch its breath. The 4-hour chart is even more obvious; each high is lower than the last, and the descending channel is as straight as if drawn with a ruler.

Brothers, remember what I’m saying now: in a downtrend, any bullish candle is just a “flash in the pan,” luring you to catch the flying knife. This beast of a trend won’t stop until it’s full.

Back to our big world of cryptocurrency after discussing the macro environment, today Bitcoin still has some backbone, holding strong at 74,500. But the question now is whether it can break through 78,000. If it breaks 78,000, Bai Ge believes it could rebound to around 81,000.

Currently, the bearish trend hasn’t deteriorated; even if there’s a brief rebound, it will still drop at around 81,000. It can be confirmed that a light long position in the range of 75,500-76,500 is likely safe, and there’s also a short opportunity near 78,000. If the lower limit breaks, just follow the trend and short all the way. What? Break the upper limit? Let’s talk when it really breaks; don’t fantasize now.

ETH: A coward, following the drop but not the rise. 2150-2200 is its key support; if it breaks here, directly look at 2000, while 2300 above is strong resistance. Continuing to write, it may stand up, but whether it can hold is uncertain. I think it will likely come down again. Ethereum's operation is simple; just follow Bitcoin, but cut the position in half because its rebounds are like it hasn’t eaten. It’s far from Ethereum's time to shine.

Lastly, let me rant a bit: the root of this market’s illness lies in the bickering of those dogs at Washington. As long as they don’t settle down, the market will remain blind. Before the blind regain their sight, the best strategy is to feel your way along the wall slowly; don’t run around blindly.

For the market to rise, there are two key points: one is to see when the White House’s farce ends; the second is to watch Bitcoin at 74,500 and Ethereum at 2150, these two lifelines. If the lines hold, we can survive; if they break, it indicates that panic has spread widely, and that will be a good time to short.

Alright, that’s all for today. If you want to follow my trading, catch the counterfeit and meme trends, feel free to chat in the community. There are real-time strategies every day. Follow Bai Ge, not seeking to get rich overnight, but to steadily accumulate wealth. Like and follow for a wave; next time the market changes suddenly, you can find Bai Ge right away.#爱泼斯坦案烧向币圈 #加密市场回调 #政府停摆 #BTC何时反弹？ #热门话题