BitEagle 🦅7.11 Accurate Market Analysis @Everyone
Good morning, brothers. Yesterday, Fed Chairman Powell spoke
and revealed a key point:
The Fed does not need the inflation rate to be lower than 2% before cutting interest rates.
It is an implicit positive, because the Fed previously emphasized that the inflation rate must reach 2% before it starts to cut interest rates.
The CPI will be released at 8:30 tonight. If it is higher than expected, it is negative, and if it is lower than expected, it is positive.
Tom Lee, known as the "Wall Street God Calculator", predicted that the CPI will fall sharply, pushing US stocks higher.
Yesterday, BTC's spot ETF continued to flow in more than $100 million to buy the bottom
It seems to be good news, but the old saying still applies:
It will definitely rise in the long run, because the Federal Reserve is about to cut interest rates,
It may release a lot of money in 2025
But we will encounter such a situation:
It was rebounding well, but suddenly the German government sold coins,
The wallets of 140,000 BTC in Mentougou began to transfer on a large scale again
BTC may fall by 5%, and the altcoins will fall again
So don't chase the rebound, don't go all in and fill your position
Leave some room, so that you can add positions when it falls
Otherwise, you will panic when it falls, and you will irrationally sell
Of course, don't short your position now, otherwise it will be very uncomfortable when it rebounds
Many altcoins have fallen from the starting point, and the price is right
July-August is not as simple as imagined,
The Mentougou crisis battle is not over yet, you have to hold the coins and be patient
Yesterday, the 10,000-person group migration plan was launched, and the countdown is 2 days
Brothers migrate to the new group as soon as possible Happy $STX $IQ $POLYX #CPI数据 #美联储何时降息?