According to Deep Tide TechFlow news, on December 18, QCP Capital's latest analysis indicates that the last Federal Reserve meeting of 2024 is approaching, and a 25 basis points rate cut is expected. However, due to U.S. inflation still being above the 2% target and the job market remaining strong, the statement and dot plot from this meeting may exhibit hawkish tendencies. QCP predicts three rate cuts in 2025, but the Federal Reserve may take a cautious approach towards accelerating the pace of rate cuts.
In terms of the market, QCP points out that the liquidity of various markets is gradually decreasing, which may trigger price gaps and large-scale liquidations. Technical analysis shows that the Bitcoin daily chart has formed an Evening Star pattern and is displaying bearish divergence signals. Nevertheless, considering that Trump may return to the White House in 2025 and other favorable factors, QCP advises investors to remain calm during market corrections and not to easily close positions and exit.
