The two-wheel drive behind the negative premium of U coin:
1. The interest rate cut trend has risen, and the US dollar has been on a long journey downhill
The interest rate cut has begun, and there will be more interest rate cuts in the future, which means that the long-term trend of the US dollar tends to be downward. This macroeconomic weathervane is quietly changing the direction of the crypto market.
2. The wisdom of the giant whales, the bull tail exit strategy is showing its power
At the end of this crypto feast, those giant whales who have already laid out and are well versed in the market are performing superb tactics of rising and retreating. They use large-scale sales of Bitcoin to indirectly affect the value of the stablecoin U and realize high-level cashing. Looking back at the silent hoarding of coins in the bear market, it is now a glorious moment with several times the profit. The halving of Bitcoin and the hot hype of BlackRock ETF are just the background music of this capital game. The drastic medicine of the early stage of the US interest rate cut-a direct interest rate cut of 50 basis points-provides them with an excellent cashing window. But please note that such an interest rate cut is difficult to sustain, and the giant whales naturally know how to stop when they see good.
Focus on October, the golden opportunity period should not be missed
Why am I so optimistic about October? Because history is always surprisingly similar. At the beginning of the year, Bitcoin soared from $42,000 to $70,000 in just 40 days, showing the infinite possibilities of the market. The subsequent six months of shock adjustments are just a quiet prelude to the market's readiness.
Now, it's time to add some "spice" to the market! The time window of one and a half months is enough to make the crypto market boil again. This is a contest of speed and passion, and a collision of wisdom and courage. Friends, let us go hand in hand, climb to the top in the wave of October, and witness the birth of another crypto miracle together!
In October, we will meet at the top, and I hope you and I can be the winners of this feast! 🚀🌈
