#美联储降息政策 Seeing this wave of market movement, I need to say some honest words. The Federal Reserve cutting interest rates by 25 basis points should have been a positive signal, but Bitcoin instead fell and broke below $94,000 — this is a typical sign that "market expectations have been overly priced in."

The real shock came from Oracle's earnings report. The debt-driven AI infrastructure boom is cooling off, and the promised revenues are falling short of reality. This is a dangerous signal. In an era where Bitcoin is linked to tech stocks, once the AI bubble shows cracks, risk assets will all be affected. Currently, $88,500 is a support level, but $85,000 is the real critical boundary — once that line is broken, be prepared mentally.

Experience tells me that this kind of market where "good news is actually bad" tests human nature the most. Many start to FOMO at this point — selling when they see decline, buying the dip when they see rise — only to end up getting liquidated. The structural selling pressure outweighs demand, indicating that big players are quietly offloading, while retail investors are chasing empty promises.

Don't rush to buy the dip, and don't chase highs either. The key is to see clearly who is genuinely building positions in this cycle and who is just blowing bubbles. Before the market stabilizes, staying alive is more important than making money.