Predictions are just predictions!
With the release of employment data and unemployment benefit data just now, the market's expectations for a 50 basis point reduction in September have fallen again! !
I think the most realistic is a 25 point reduction. The current high interest rates in the United States have absorbed most of the world's funds to go to the United States to get risk-free interest.
Once the interest rate is cut, these funds will definitely go out, and then look for low-priced assets. $BTC is currently at a low level. After the interest rate cut, it is bound to rise.
However, before the official announcement in the early morning of September 19, the market will definitely hype the recession. After various data come out, the market will fluctuate greatly. Spot is difficult to play, and brothers who use contracts should be more cautious!
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