The 0.5% interest rate cut and the FED's projections have shifted sentiment, turning it bullish with data to watch in the coming days or weeks.
The dollar is dropping, and RISK ON assets are surging upward!!
Caution, this is just the beginning, and the overall sentiment remains very fragile, so one bad piece of news could lead to a dump.
We need to maintain a bullish momentum over time to restore a broader bullish sentiment, and then even FUD won’t have any effect.
A nice reaction on the OI since yesterday, and especially a strong upward trend since September 8th.
This clearly shows that the majority of players are back from vacation, and the Prebull sentiment is also returning, meaning there's money to be made.
We could quickly find ourselves hitting a new ATH in the coming weeks.