Trump: Powell is a fool, he knows nothing at all

2025-05-08 10:33

BlockBeats News: On May 8th, US President Trump stated that Jerome Powell, who is "too late," is a fool who knows nothing at all. Besides, I still quite like him! Oil and energy prices have dropped significantly, almost all costs (including groceries and "eggs") are decreasing, there is almost no inflation, and the main source of tariff revenue continues to flow into the United States - which is completely opposite to the statement "it's too late"! Enjoy it to the fullest

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Today 2025-05-08

14:18

In the speech community live broadcast: ETH upgrade completed, Federal Reserve interest rate landing, can BTC look towards 110000? Implement a profit strategy of 10000 points in the live broadcast room layout!

Click on the link to enter the live stream: https://meeting.tencent.com/p/9850662513 (Note: Tencent Meeting APP needs to be downloaded) Good evening everyone, I am your Da Bin teacher! There is a lot of information today, but the concentration is still quite high. The most important thing is the Federal Reserve's interest rate meeting. As expected, there has been no adjustment to the May interest rate. Powell's speech focused on dissatisfaction with tariffs, believing that according to the currently announced tariff policy, it will bring about an increase in inflation, economic decline, and unemployment rate. This should be a more hawkish statement today, but rather a consistent response to the questions of interest rate cuts and balance sheet cuts, without any preconceived expectations, relying more on data, believing that all adverse effects come from tariffs. So the focus should still be on the dot matrix for June. Powell's speech once caused the market to decline, but then Trump's deregulation of Biden A's blockade plan really stimulated the risk market. The market's response to China's negotiations was good, but it should be noted that although Biden's blockade was lifted, the restrictions on China's chip A remained unchanged, so this information has not changed for China. Returning to the data of Bitcoin, today's price fluctuations are quite frequent, with an increase in long and short bets, indicating an increase in turnover rate, especially among short-term profit investors who have a large number of turnover. However, the current price of BTC is still relatively stable, and there is a high probability of maintaining volatility without further positive and negative information. If the US stock market can continue to rise, the probability of BTC following the rise of the US stock market will be very high. However, the rise of the US stock market at this stage cannot escape the push of events, such as NVIDIA today, which is purely driven by events. From the supporting data, the price range of $93000 to $98000 is still very strong, and there is no sign of early investors participating in turnover. The stability of the price is still quite strong. Yesterday, Ethereum underwent a Potala upgrade, which mainly includes: 1. The use of EIP-7702 transforms a regular wallet into a smart contract wallet and implements account abstraction 2. Double the number of blob in each block to enhance scalability 3. Reduce L2 costs, but at the same time, it will also decrease the revenue of the Ethereum mainnet and the amount of ETH destroyed 4. Raise the staking limit from 32ETH to 2048 to improve staking efficiency This is a big positive news from a long-term technical perspective, but there is still significant short-term pressure on ETH Operation suggestion: BTC 99500 Short First Target Looking at 98500 Second Target Looking at 97000 ETH 1900 is short. The first target is 1830. The second target is 1800 Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 105935015698 Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.

14:16

Trump: Powell is a fool, he knows nothing at all

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In the speech community live broadcast: ETH upgrade completed, Federal Reserve interest rate landing, can BTC look towards 110000? Implement a profit strategy of 10000 points in the live broadcast room layout!

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