The index of total market capitalisation began to weaken, and a correction was brewing From the perspective of the waves Since April, there has been a wave of structural bulls In particular, May-June made a huge 4-wave range Then out of the July wave But from a technical point of view This round of gains is nearing its end Facing the adjustment of wave A In addition, there was a very interesting thing yesterday Trump went to the Fed to find Powell Hopefully Powell will cut interest rates hinted that he would not be fired Interest rate cuts are indeed the biggest thunder of this round This signal is released It also gave global arbitrage funds an impulse to flee The market should react to this expectation Interest rate cuts are bearish in the short term In fact, it has been said many times Because interest rate cuts will narrow the carry spread The global money that eats the difference in the United States will leave This is also the reason why interest rates have not been cut all along On the one hand, it will bear high expenses On the one hand, it will trigger the withdrawal of a huge amount of funds Anyway, the term is coming up Just don't explode this thunder in my hands

Don't panic when encountering a drop. After all, $BTC is very close to support. 112000-113560 is a great buying range. This will brew a rebound wave B. There is a high probability it will reach this range. A boy's intuition. Even if it gets worse, it will still reach 114370. After all, there is still a gap that hasn't been filled. Pay attention to those tokens that are rising against the trend today. These are all future pioneers. For example: $ENA, $ERA, $HUMA, $CRV, $BONK, $PENGU.

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