The Fed is "dove"! The market is going up, a desperate wash-out moment before the bull market?

王哥爱吃香菜 · 2023-07-27T09:48:12.000Z

Disk Originally a negative interest rate hike, under Lao Bao's speech, it suddenly went up by more than 300 points. However, under the influence of Lao Bao's speech, the currency price failed to go up and was suppressed by short sellers. The current price (Around 29,410 knives) Personal views on Powell’s speech Powell's speech today was 80% as expected. He did not clearly state whether interest rates would be raised. However, what was unexpected was that Powell personally said that the current interest rates have reached restrictive levels. In human words, this is the current level. The interest rate hike basically met the Fed's needs, and it did not directly say that it might not raise interest rates.

Disk
The interest rate hike was originally a negative factor, but under the speech of Mr. Bao, the coin price rose by more than 300 points. However, under the influence of Mr. Bao’s speech, the coin price failed to go up and was suppressed by the short sellers. The current price is about $29,410.
My personal opinion on Powell's speech
Powell's speech today was probably the same as expected. He did not explicitly state whether there would be further rate hikes. However, surprisingly, Powell himself said that the current interest rate has reached a restrictive level. In other words, the current rate hike has basically met the needs of the Federal Reserve. He did not directly say that there might not be any rate hikes.
But my understanding is that what the five words "restrictive level" mean to the market is that the Fed will not raise interest rates easily. Of course, even if it raises interest rates again, it will most likely be only once. Therefore, it can be boldly assumed that the Fed may not use this last rate hike, but will use it to intimidate the market.
The market still believes that the Fed will not raise interest rates. In response to this, the U.S. stock market has entered a state of bargaining and has not yet stabilized. However, considering the release of financial reports, Powell’s speech may be offset in the short term, and Wall Street currently expects that this will probably be the last rate hike by the Fed.
As for the currency market, as long as Powell does not explicitly say that there will be further interest rate hikes, it is a good thing. The liquidity itself is not good, and there is a lack of news stimulation. Moreover, Wall Street is expecting that the Fed will not raise interest rates. So no matter whether it is true or not, it will be regarded as true. After all, the U.S. stock market has conveyed enough information, and the market will rise if the interest rate hike is suspended!
Recent hot currencies
1. Worldcoin is still a hotly discussed currency in the market. Regardless of whether its vision can be realized, that is a long-term issue. Our opportunities come more from the focus on the first few days after it was listed. Are there any short-term opportunities? The conclusion is yes, so let's do some low-absorption at the second level.
2. Pogai has been performing very well recently. According to Dao friends’ suggestion, this may be related to Binance’s announcement that it plans to launch more active Meme coins in the near future. This may be the behavior of retail investors, but it is more likely to be the behavior of the main players.
3.Doge Musk said that the payment function may be integrated into Twitter, so Doge is relatively strong in the near future, but it should not be realized so quickly, it can only be short-term speculation.
Desperate wash-out moments before the big bull
For Bitcoin, if it cannot reach 31.4K, we must open a short position, which is a strategic high point at the historical level. This is a long-term short position, which does not prevent us from going long on some hot currencies in the short term. The idea is to do it in a short, flat and fast way.
Of course, before the big bull comes, the market will definitely go through a crazy wash, taking away the leverage, and the leeks hand over the bloody chips. Various bad news make people afraid to buy, and the current position is only more than 1800, with the same expectations as the big cake, I think it is still too low, at least it has to go to the range of 2500~3000, and then start the slaughter of cutting in half and cutting in half again, so as to kill the panic chips! Start the big bull! At present, we just wait, layout on dips, and wait for the dog dealer to push the price to a high level, and we will arbitrage together!
April is waiting for May, May is looking at June, and June thinks July is worth looking forward to. However, the overall closing of July is not very good. However, the market cannot keep falling, there will always be a moment of Jedi counterattack! Therefore, hold on patiently. If there is no big positive line in July, then wait for August. September will definitely usher in the market trend we want!