Market Analysis 9.26
Good morning, brothers. The market has adjusted.
Yesterday, ETFs outflowed $79 million.
The BTC reserves and stablecoins in the exchange did not change much.
Some funds are waiting for the release of data today and tomorrow.
The funds on the market are fluctuating, and the off-market funds will make decisions after waiting for the data.
The final value of the second quarter GDP data and the number of unemployment benefits will be announced at 8:30 tonight.
Tomorrow night at 8:30, the PCE data will be released, which is one of the preferred inflation indicators of the Federal Reserve.
If these two data show an economic recession,
then the interest rate may be cut by another 50 basis points in the next few months, which is good for the currency circle, and BTC will break through the suppression of $64,000.
If the economy is strong, BTC will experience a short correction,
may be adjusted back to $61,000, but it will not affect the general trend,
don't chase highs when it goes up and sell when it goes down
it is recommended to hold the currency and fish for big fish in the long run
projects that can be held
copyright: Chr, FTM, STX, AR, Astr, Klay
large market value: BNB, BTC, ETH
