🚨🚨Calendar Alert:🚨 June’s Rate Cut❓Split 50-50.❓
🌟 Bitcoin’s Celestial Tango at $66K—Market Whispers and Quantum Lattes! 🚀🌠🌟
Bitcoin, that elusive comet in the crypto cosmos, is playing hide-and-seek near the $66,000 mark. Meanwhile, Meanwhile I am giving you broader market whispers. 🪙🌠
🚀 Crypto Futures: A Cosmic Slide?
Rates and open interest—those celestial metrics—have taken a dip. Is this the grand finale of a two-month rally, or merely an intermission? Traders sip quantum lattes and ponder. ☕🌌
🌙 Ether’s Stellar Waltz:
Ether ({{ETH}}) pirouettes gracefully above $3,300. The cosmic dance floor beckons. Will it tango with the moon or waltz with the stars? Only the blockchain knows. 💫💃
🔍 Treasury Yields and Fed Whispers:
The 10-year Treasury note flares to life, hitting a two-week high at 4.40%. Inflation murmurs, manufacturing hums. Investors squint at the cosmic horizon.
The Fed? It’s practicing its moonwalk, hinting at rate cut delays. Cosmic drama ensues. 🌕🌟
🪙 Gold’s Resilience:
Amid the cosmic chaos, gold stands firm. The yellow metal—part alchemist, part cosmic philosopher—defies gravity. Zero-yielding, yet unyielding. 🌟🔒
🌐 Polymarket Predictions:
Bet on the cosmic calendar! May rate cut? Nah. June? Split 50-50. But the real cosmic cash? It’s on the fall. 🍂💰
So, fellow starfarers,
FYI- The CME Fed Watch tool has a 97% chance of rates staying the same after May’s meeting.
🚨🚨Perpetual futures funding rates for most crypto assets are back to 1bps, and global futures open interest decreased by 10 percent overnight, indicating some leveraged long positions are closed,” Jun-Young Heo, a Derivatives Trader at Singapore-baed Presto, added.
Adjust your telescopes, watch the celestial ticker tape, and remember: in the crypto universe, even black holes have wallets. 🚀🌌
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