The big turning point is here. Will there be continued sharp declines?

Tomorrow at 11 PM, the Federal Reserve's interest rate decision will be announced. The mainstream view is to keep the rate unchanged at 3.5~3.75%; it all depends on what is said at the 11:30 press conference.

On the other hand, Trump is trying to seize Greenland, prompting European institutional funds to start massive sell-offs of American assets. The US is very likely to face a "stock, bond, and currency triple kill" situation. At that time, a collapse in the crypto market is also very possible.

From a technical perspective, last week’s weekly candles for Bitcoin and ETH closed with a doji with long upper and lower shadows, which looks very ugly. The weekly-level decline is still ongoing.

Therefore, the next move should be mainly a high-altitude correction, and for coin accumulation enthusiasts, it’s an opportunity to build positions gradually.