According to ChainCatcher, QCP Capital's latest analysis points out that the last Federal Reserve meeting in 2024 is about to be held, and interest rates are expected to be cut by 25 basis points. However, as US inflation is still above the 2% target and the job market remains strong, the meeting statement and dot plot may have a hawkish tendency.
QCP Asia predicts that there will be three rate cuts in 2025, but the Fed may be cautious about accelerating the pace of rate cuts. In terms of the market, QCP pointed out that the liquidity of various markets is gradually declining, which may trigger price gaps and large-scale liquidations. Technical analysis shows that the Bitcoin daily chart has an Evening Star pattern and shows a bearish divergence signal.
Nevertheless, considering Trump's possible return to the White House in 2025 and other positive factors, QCP advises investors to remain calm during market corrections and not to close their positions easily.
