#鲍威尔
"Powell's speech is coming, and the suspense of interest rate hikes and cuts has re-emerged"
The latest market trends, trends, and whether the market will reverse. Remember to pay attention to Tucker. This is Tucker's analysis based on Powell's speech and the current market sentiment and environment.
First of all, for Dezi, who has frequently transferred in and out of Bitcoin in the past two days, I don't know whether it is to fill the national fiscal budget gap or to avoid the risk of price decline. This is undoubtedly a big impact on the crypto market and adds panic to the market.
Then today, Bitcoin rebounded relatively successfully, and the 4-hour line has also stood on the middle track. This is very contradictory to Dezi's approach. Dezi keeps creating panic, but Bitcoin is not affected. This may indicate that the market has begun to turn around and go up.
Then there is the issue that everyone is concerned about. Whether the Fed can cut interest rates in September, Powell did not mention it in his last speech. Today he will face pressure from congressmen, who are eager for the Fed to cut interest rates. Last month, Elizabeth Warren and her Democratic Party colleagues wrote to Powell several times, asking the Fed to follow the European Central Bank to relax monetary policy.
Just now, Powell said that inflation has slowed down significantly, but it is still above the 2% target, so it is not appropriate to cut interest rates. Negative news
