Dear readers, hello, I am Mumu. I believe that Bitcoin has always been the focus of everyone's attention. It has lived up to expectations and has continued to rise, breaking through the 30,000 mark. This breakthrough has attracted widespread attention in the market. Some people think this is the last chance to get on board, while others think it is an opportunity to escape the top. Here, Mumu will discuss this topic and reveal the core reasons.

First, let's review the speech of Fed Chairman Powell last night. He hinted that he was happy about the decline in inflation and said that the Fed was unlikely to raise interest rates again without clear evidence. It's amazing! Do you know what this means? It is equivalent to injecting a shot of adrenaline into the Bitcoin market, which means that the market's tightening policy may be coming to an end, and the market may turn to easing again.

Furthermore, there has always been a view in the market that as long as the price stabilizes or falls below a certain position, it will continue to rise or fall. However, Mumu tells you the truth that the current rise of Bitcoin is not the case.

If this conversion is approved, Bitcoin and Ethereum will continue to rise and even break through 40,000. Let's witness it together!

In this industry, if you don’t have the right circle, all your efforts will go to waste! Pay close attention to market trends and it is crucial to have a high-quality circle.

If you have any questions about the above content, you can ask me directly. As long as Mu Mu knows it, I will tell you everything!