$BTC
The rate cut has been decided, but the amount has not been decided ⚠️
Powell will give a speech at 10 o'clock tonight, and the theme is to re-evaluate the effectiveness and transmission of monetary policy.
In fact, the possibility of surprising news is very low. At present, the market is almost certain that there will be a rate cut in September.
The net inflow of Bitcoin ETF last night was more than 65 million US dollars, and the stablecoin on the chain began to be printed and continued to flow into the exchange.
Now the big cake is only under pressure at 62,000 points. After breaking through 62,000 points, it will officially enter the long range.
In fact, Bitcoin has already come out. It is only a matter of time to break through 62,000.
Binance has now begun to create a bull market atmosphere, and low-market-cap altcoins have begun to pull up contracts. No matter whether it is an artificial bull market, as long as it can ignite the heat and attract funds to enter the market, it is a good way.
There will be a drop after the interest rate cut, but it can only be a healthy correction. After that, the inflow of funds will officially start the rising mode. Hold on tight and take off soon🛫
