The Federal Reserve’s interest rate decision will be at 2 a.m. on September 19, and Powell’s press conference will be at 2:30 a.m. on September 19.
Here is my opinion:
1. A 25 basis point rate cut is a normal route. If there is no deviation in the interpretation, the market will continue to follow the normal route. It can be understood as a small negative impact on the implementation of good news, but it is good for the subsequent market.
2. A 50 basis point rate cut was the new route last week. If it is not explained and interpreted properly, the market will decline and fall, because a 50 basis point rate cut shows that the US government has acknowledged the fact of economic recession. If it is explained and interpreted properly, strongly supporting economic development and taking effective measures to avoid recession, the market will rise.
Pay attention to 4 cryptocurrencies that will increase 100 times in the future!
1.LTC
Litecoin uses blockchain technology to enable fast, secure, and low-cost transactions. Its transactions are typically confirmed in just a few minutes and have minimal associated fees. This makes Litecoin a viable alternative to Bitcoin, especially in regions where high transaction fees may hinder usage.
Currently, Litecoin has a market cap of $65.33, reflecting a recent positive trend after breaking through a key resistance level. Recent market analysis points out that this price action suggests that Litecoin has the potential to enter a broader bullish phase. Litecoin has gained 2.31% over the past week, with its price rising 16 days out of the past 30 days.
Additionally, Litecoin’s market is highly liquid, thanks to its large market cap. This liquidity makes it easier for users to trade the coin without significantly affecting its price.
Litecoin’s on-chain activity continues to increase, indicating growing interest from users. In one day, the number of active addresses on the network increased from 285,924 to 289,064. The increase in activity could further drive price volatility.
However, the net outlet growth rate remained flat at 0.34%, and the concentration of major shareholders decreased slightly, down 0.27%. These factors indicate that despite the overall good momentum, the behavior of major shareholders is still relatively cautious.
Additionally, despite some indicators showing that large investors are cautious about LTC, interest and activity in LTC continues to grow. Its low fees and fast transactions continue to make it a competitive option in the cryptocurrency market.
2.BNB
Alchemy Pay recently announced support for the BNB ecosystem. The partnership enables Alchemy Pay’s On & Off-Ramp service to support a variety of tokens on the BNB chain, including its native token BNB as well as stablecoins such as USDC and USDT. This update was shared through Alchemy Pay’s official X account, marking an important milestone for the payment platform and the BNB chain.
This development enhances the user experience by simplifying transactions between fiat and cryptocurrencies, making the BNB Chain more accessible. The integration of Alchemy Pay further expands the reach of the BNB ecosystem, a blockchain known for its fast, scalable, and cost-effective infrastructure. This makes the BNB Chain a popular choice for developers building decentralized applications (DApps) and users engaging in decentralized finance (DeFi).
With the support of Alchemy Pay, tokens on BNB Chain will become easier to identify and use, allowing new and old users to benefit from it. This cooperation is in line with BNB Chain's goal of providing an accessible and efficient blockchain ecosystem.
Following the announcement, BNB’s price saw significant growth. BNB gained 7% between September 11 and 13, outpacing the overall altcoin market’s 2% gain. As of this writing, BNB is trading at $539.93, with an intraday gain of 3.60%. It is also above its 200-day simple moving average, indicating good momentum.
3.AVAX
Avalanche is a well-known token in the decentralized finance (DeFi) space that enables the creation of scalable decentralized applications (dApps) without compromising speed, security, or reliability. Avalanche’s focus on pushing the boundaries of DeFi has made it one of the top 20 cryptocurrencies by market cap.
Recent price analysis shows that AVAX has been quite volatile over the past month, but a bullish trend seems to be forming. The token’s price has increased by 14.26% over the past 30 days to $24. However, despite its huge potential, other assets may have seen even greater percentage gains. At the time of writing, AVAX is trading at $23.99.
Additionally, investor activity suggests that long-term holdings of AVAX are increasing, while short-term trades continue to play out. For many traders, this pattern indicates optimism, suggesting that prices could rise further in the absence of a major market downturn.
In addition to its role in the DeFi space, Avalanche is also expanding its influence in traditional finance. A notable development is ParaFi Capital’s plan to tokenize a portion of its $1.2 billion in assets on the Avalanche blockchain. The move reflects the growing interest of traditional financial institutions and is in line with AVAX’s broader efforts to consolidate its position in the financial sector.
Key indicators such as increased staking participation, rising total value locked (TVL), and growing investor confidence all point to AVAX’s potential for future price growth. Analysts believe that if the token breaks through key resistance levels, it could see further gains on the back of its expanding role in the financial sector and the strength of its network.
4.PENDLE
Pendle recently announced the launch of Bitcoin Arc, a new Bitcoin staking pool designed to provide BTC holders with more advanced yield strategies. The move expands Pendle into Bitcoin yield options and aims to attract users by offering ways to increase their yield. The project has partnered with Corn, Lombard Finance, and Babylon Labs to provide unique opportunities in the decentralized finance space.
Additionally, Bitcoin Arc brings Bitcoin into the DeFi ecosystem, an area that has primarily focused on Ethereum and other assets. By creating new ways for BTC holders to earn income, Pendle enters a growing market. As the DeFi industry grows, Pendle's ability to innovate and provide new solutions can strengthen its position in this competitive space.
The Pendle token is trading at $3.30 and is up 1.61% over the past day. It is up 6.28% over the past week and 12.93% over the past month. Its price has surged 437% over the past year, outperforming 89% of the top 100 crypto assets. It has also outperformed Bitcoin and Ethereum, a notable achievement in the crypto market.
From a technical perspective, Pendle is trading above its 200-day simple moving average, indicating a favorable trend. The token has been trending up 17 of the past 30 days, indicating sustained demand. The token appears to be well supported, with high liquidity, especially since it is traded on Binance. Its annual inflation rate is negative 34.43%, meaning its supply is decreasing, which could help increase its price over time.
