CPI data eliminates obstacles for interest rate cuts in December, the crypto market is on the rise!!!
In short, the CPI is in a mild declining channel, and in this case, there are no unexpected issues.
The Federal Reserve will adhere to the spirit of the September Jason Hall meeting and continue to cut interest rates to release liquidity.
Therefore, I will insist once again on the attitude I have repeated dozens of times: the interest rate cut in December is certain.
And then? Of course, it is the release of liquidity, and then liquidity will drive the rise of Bitcoin. Meanwhile, ETH will continue to stabilize its exchange rate.
In this case, when Bitcoin rises, the price of ETH will continuously reach new highs.
Of course, the price of ETH is still at 4000, but we can foresee that the points 4400 and 4800 are not too far away.
As the leading altcoin, ETH will have two effects: first, as the leading altcoin, when it rises, it will attract blood-sucking sharks.
Thus, the altcoin market will differentiate, and strong altcoins will begin to rise rapidly.
Second, if ETH encounters a tsunami, it will suck blood from weak altcoins, leading to a collapse of weak altcoins, with no possibility of new highs.
December is a wonderful month, we are looking forward to it!!!
Altcoin focus: pnut doge pepe neiro
In the upcoming layout direction, King will continue to guide everyone to aim for the lucrative opportunities in altcoins. The targets from last month’s ambush, with no less than five that doubled, have already exited with profits.
For friends with choice phobia, don’t know how to choose, comment 111 to keep up.
