The Federal Reserve's interest rate decision and Powell's press conference were almost identical to yesterday's analysis.
Global BTC 10:00 (GMT+8) Data
(AI Little Black)
Futures Long-Short Ratio: 52%:48% (Bears have directly given up)
Spot Buying-Selling Ratio: 49%:51% (Inflows still observing)
Let's discuss monetary easing: All international market easing refers to the U.S. dollar. Increasing the abundance and liquidity of the dollar is monetary easing.
Federal Reserve:
During this press conference, Powell emphasized the exit from quantitative tightening (QT). Even if interest rates aren't cut, increasing market liquidity as quickly as possible is necessary. Based on leverage analysis, there is a high probability of adjusting overnight reverse repos, providing the market with at least $500-2000 billion in liquidity. This is tantamount to monetary easing and interest rate cuts, while the U.S. dollar index simultaneously declines.
Bank of Japan:
As part of the U.S.-Japan financial alliance, the Bank of Japan once again cooperates with the Federal Reserve by releasing news of interest rate hikes in July and September. Buying Japanese yen and selling the U.S. dollar stimulates dollar weakness, reducing the availability of free money in the market. Another round of harvesting begins on the seven-year journey.
De-dollarization:
Both Europe and the United States, as well as the global community, are de-dollarizing. Particularly, the surge in gold prices, the rise of the Japanese yen, and the strengthening of the euro directly promote dollar depreciation. Dollar depreciation is the most significant form of monetary easing in trade and finance.
BTC target: 80,000
ETH target: 4,500
Fear no volatility, emphasize spot trading, and the possibility of the most significant black swan event before the halving has diminished.
