#bitcoin #TopCoinsJune2024 #binance #btc **The United States is under great pressure. Will the June Fed be a turning point ⁉️⁉️

1. Estimated Q2 GDP is down to 1.8%, from 4.1% to 1.8% is also quite worrying**

2. The current decline in interest rates on US bonds shows the market's expectation of an early interest rate reduction by the FED

3. May's core CPI and core CPE also decreased compared to April, and also ended 3 consecutive months of increases in consumer inflation indices.

4. First week of June,. announced that purchasing management PMI data has decreased compared to before, moreover, reports on JOLTS and ADP - data on the job market have also decreased relatively, showing quite clearly the gradual weakening of the economy. current economic situation.

5. Unemployment % in June increased to 4.0%. However, it is still within the FED's permission of below 4.1%.

6. Currently, the number of problem banks on the brink of bankruptcy accounts for 1.4% of all banks, which is within the normal range for non-crisis periods of 1% to 2% of all banks. bank.

📊📊Based on the above analysis, there is a basis to judge that everything is almost on the brink, even the number of banks having problems is 1.4%. Although the FDIC says 1-2% is considered normal at this time, it can be seen that these bad indicators can easily increase rapidly at any time in the near future, causing The market has a very high possibility of falling into a great recession like in 2007-2008. So the Fed's decision is extremely important this June.