《W bottom formed, a sign of successful bottoming, opportunity is knocking on the door》
Pepe has suffered so much abuse and accusation in recent days, and finally woke it up, started to work hard, and consolidated the bottom
From the analysis of the market, the W bottom is the best explanation. Friends who don’t hold positions and want to buy the bottom can build a first position at 0.00831. Those with a holding cost of more than 0.01 can increase their positions to reduce the holding cost.
From a macro perspective, when Fed Chairman Powell talked about the topic of interest rate policy today, he said that the next step is unlikely to be a rate hike. Tucker believes that if there is no rate hike, it will be a rate cut, or it will remain unchanged, and the market expects that the probability of a rate cut in September is more than 70%, and there will be two rate cuts this year, each time by 25 basis points.
Recently, there is also a good news that Binance is 7 years old. The benefits of entering the market at this time may be greater than the risks. Brothers who have been hurt by PEPE, pay attention to it. I believe that in the short term, it will comfort you with price increases.
Tucker will combine the information on the market, the macro environment, the value of market sentiment, and his own experience as an old leeks to make a rational analysis, so that brothers can have a reference. I hope it will be helpful to brothers who pay attention to PEPE.
