#binance #bitcoin #vannthu2000 $BTC $ETH
What was the important macro news yesterday?
- CPI m/m, CPI core m/m, CPI y/y all decreased stronger than expected
- Interest rates continue to be kept at 5.5%
- FOMC press conference is neutral
We can also see the possibility of interest rate reduction this year, the rate of interest rate reduction also increased compared to previous times. In particular, the consensus was to sharply reduce interest rates by 2025, and drastically reduce them to 3.9%.
The market then also reacted quite positively to the news. It's easy to understand that when interest rates drop to a stable level, then the market will be at a high level. And now we are only at the halfway point of the wave. So don't look down anymore, you'll end up in dust :))