๐On February 2nd, gold and silver experienced a roller coaster market, first plunging deeply, then rebounding slightly, followed by a second decline, with silver showing even more volatility. The domestic varieties saw a far greater decline than the international ones. Trump's nomination of a hawkish Federal Reserve chairman has cooled expectations for interest rate cuts, compounded by prior overbuying and leveraged sell-offs, becoming the core catalysts of the market.
89k shouts to rush 100k, has it cooled down? A single explosive needle pierces 74555, a waterfall of 15,000 dollars crashes down, it was said early that high-level sideways trading is like killing pigs, yet stubbornly insisting on it!
Don't panic, here's the solid evidence: the US market S&P rises, MSTR drops 7 points, gold surges 3.32%, Wall Street is clearly de-risking, treating the cryptocurrency market as an ATM to rake in money, never catch the bloody flying knife!
BTC's dominance has dropped to 60.05%, altcoins are almost drained of blood, just a slight movement in Bitcoin, and altcoins directly enter ICU, don't even touch them!
Now it has rebounded to 78900, just pierced MA21 (77809), don't bet on a V recovery, it's just a dead cat bounce! MA180 (83810) is the real iron ceiling, the more it goes up, the more the main force will dump!
The bears can start to net, the VIX panic index is dropping, Wall Street is not panicking, Bitcoin can't break 70k, cashing out is the safe play! Those bottom-fishing should remember, 74555 is just a layer of support, don't go all in, try in small batches!
As usual, the market is ruthless but Big F is kind, send a red envelope ๐งง to the brothers still alive, just to spread warmth! The core message is: the risk is not eliminated, controlling your hands is the real way to save your life!
Follow Big F, no rear-view mirror talk, just provide hard logic ๐ #BTC #USDT
Dogecoin is currently forming a falling wedge pattern, which is typically seen as a bullish indicator. If this pattern confirms, a breakout may occur in the near term, potentially triggering an upward price move. Before the breakout, a brief downside correction is possible. Following this, $DOGE could target the $0.14โ$0.15 price range. #DOGE #bullish