The sentiment of the US stock market before the market is pretty good, and the stock prices of technology giants are basically in an upward state.
The price of 10-year US Treasury bonds remains stable, and the inflow of funds in the bond market has stopped, which has pushed gold further up.
The international gold price is 2530 US dollars. After stabilizing at 2500 again, it began to rise.
At present, the market's interest rate cut plan for the Federal Reserve is basically a 25 basis point cut for the first time in September and a 100 basis point cut in 2024. In other words, if it goes according to expectations, there is a high possibility of a 50 basis point cut in November or December.
Of course, this is only a preliminary expectation. The detailed interest rate cut plan of the Federal Reserve still needs to pay attention to the dot plot released after the interest rate meeting next week.
Look forward to whether #BTC☀ can continue to rise with the sentiment of the US stock market and break through the resistance point tonight.
