When the market makes a significant move, there's always a r | Elizabeth Herting R1Q6 no Binance Square

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Elizabeth Herting R1Q6

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When the market makes a significant move, there's always a reason behind it. Does anyone recall what triggered the crashes in May and June 2022?
#BTCFOMCWatch #marketcrash  #CryptoNews 

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Elizabeth Herting R1Q6

@Square-Creator-ef62b274ee24

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Yesterday's data is one of the data that the Fed likes to cut interest rates. Fed President Bostic also announced that he would cut interest rates in the fourth quarter. However, there are two more data to observe, one is next week's non-farm employment, and the other is the CPR data the week after next. The actual non-farm unemployment rate of 3.96% in May is not much different from the expected 3.9%. The June estimate According to current market expectations, the estimated number of non-farm employment in the United States in June 2024 is about 180,000. This estimate is lower than the actual data of 272,000 in May, but higher than the actual data of 175,000 in April. The non-farm payrolls in June will be more favorable. #US_Inflation_Easing_Alert #VanEck_SOL_ETFS #IntroToCopytrading #altcoins #CPIAlert

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🔴🚨 MOST DEVASTATING YEAR IN HISTORY 🚨🔴 The Worst Year in Cryptocurrency History 1. Massive Losses: Most investors, including experienced and well-funded ones, lost money in the first half of this year. This has been one of the most frustrating bull markets, leaving many unable to recoup their investments. 2. Misguided Expectations: Typically, a significant bull market is expected around BTC's halving. However, BTC's major rise happened last year, followed by altcoins. When everyone expected a market surge, it ended, leaving those who moved to altcoins without further gains. 3. Altcoin Collapse: Many altcoins are predicted to crash to zero. Unlike previous bull markets, today's investment logic has changed, excluding many altcoins. This rapid shift is outpacing many investors, leading to the end of the 'Shanzhai' consensus as insider info discourages further investment. 4. VC Trust Decline: Faith in venture capitalists (VCs) has significantly diminished. Trust in VCs' actions and predictions has waned. 5. Startup Challenges: Project teams are finding it increasingly difficult to understand future trends, community needs, and market dynamics. Successful projects are becoming rarer, and retail investors' trust in project teams is declining, creating a vicious cycle. 6. Diminishing Crypto Dividends: The promise of quick wealth and freedom in the crypto space is fading. Impatience and unease are widespread, with many worried about their future after this bull market. 7. Changing Perspectives: This market cycle requires advanced understanding and a new outlook on the crypto space. Investors should avoid anxiety, discouragement, premature celebration, and overconfidence. 8. Unpredictable Outcomes: This cycle will challenge the long-term accumulations of many who have stayed in the game. Unexpected events are likely, testing the resilience of those who have enjoyed prolonged success. #US_Inflation_Easing_Alert #VanEck_SOL_ETFS #IntroToCopytrading #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments

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