Powell said yesterday that the Fed is not in a hurry to cut interest rates.
The big cake still hit 93,000 last night and then pulled back.
From the side, it shows that the short-term market fluctuations have little to do with his remarks.
The main hot events in the market today:
1. Bitcoin's sideways movement after the pullback will help the capital flow into the cottage and promote the start of the cottage market. If Bitcoin continues to rise, the rotation of the cottage market will be difficult to start.
2. The recent PNUT and ACT have brought wealth effects and stimulated the market's expectations for Meme coins. It is expected that the new wave of Meme coins will attract wider participation, and market sentiment may rush to a high point.
3. VC coins have a large market value and a long unlocking cycle. The market is cold recently, but its technological development will drive a rebound in the future. In contrast, the local dog Meme coin, which lacks barriers, is difficult to support the long-term development of blockchain.
At present, the cottage sector is rotating. After the MEME craze, the next sector can start. Xiao Miao has shared it yesterday~Baozi should pay attention!
