**High Alert 🚨:** The global financial market is in significant trouble, with the US economy poised for a major downturn and a global recession on the horizon. The US dollar, US stocks, A shares, gold, and cryptocurrencies are all experiencing severe declines. Numerous news sources and technical indicators point to an impending bear market. Please brace yourselves and prepare for potential volatility. 🚀💺
**Next Steps for the Market:**
**US Stock Market:** The deep retracement signals the beginning of a bear market. 📉
**Cryptocurrency Market:**
- **Bitcoin Intraday:**
- 📊 For short-term trading, consider betting on a rebound around $60,000 with a target profit of $2,000. Keep a close watch on market trends.
- **Weekly Market:**
- 📈 Short-term trading bets could be placed on a rebound in the range of $56,888 to $58,000, aiming for a profit around $4,000.
- **5 to 8 Week Market:**
- 🐂 For a bull market strategy, consider bottom-fishing with a first target at $53,888 and a second target between $46,888 and $48,888.
**Ether Daily Market:**
- 📊 Short-term swing trading could focus on a rebound to $2,838 with a profit target of $200.
- **1 to 8 Week Market:**
- 🐂 For a bull market approach, bottom-fishing targets are $2,688 and $2,388.
**Other Altcoins:**
- 🪙 Monitor the overall market sentiment. Altcoin performance will be influenced by major market movements. Currently, altcoins could see a 50% correction.
Please manage your positions and risks carefully. Stay alert and be prepared for potential fluctuations. 🚀💺
This update is for informational purposes only and does not constitute investment advice. The chart referenced is the weekly line. 📈
Wishing you success in the cryptocurrency market! 💰✨ $BTC #Write2Earn! #BTC☀ #US_Job_Market_Slowdown