It is not difficult to see from the trend in recent days that Bitcoin and Ethereum are in a narrow range of shocks and repairs. The bulls and bears have not been able to continue in the past two days. The main reason for the decline on Saturday was also caused by the non-agricultural data. The possibility of a rate cut in September has been re-evaluated!
The CPI data will be released on Wednesday this week, and the dot plot will also be released at that time. We can see the Fed's expectations for rate cuts this year, and there is a rough expectation of when to cut interest rates. Then this is the time for the market to show direction👊🏻
