312 tragedy, Bitcoin lost the 50,000 mark! The market was gloomy on Monday, and the mood fell to the freezing point. In this cycle, the conventional decline can still be tolerated, but facing the potential global economic crisis and stock market turmoil, investors are difficult to stabilize. The crypto market suffered the largest decline this year. After five consecutive days of decline, it plunged again, and the scene once in four years reappeared.
This plunge, like the 312 incident, was triggered by the stock market circuit breaker. The root cause lies in the market's deep concern that the high interest rate policy of the United States will cause an economic recession and even a financial crisis. Japan's interest rate hike became a new fuse. On August 5, the stock market plummeted, the circuit breaker reappeared, and global risk assets fell. The U.S. stock market opened tonight and could not escape the fate of falling.
The market is waiting for the performance of the U.S. stock market to judge the possibility of a V-shaped reversal. The rescue action is imperative. The Federal Reserve's emergency meeting focuses on the issue of interest rate cuts. The first interest rate cut of 50 basis points is almost certain, and it is also possible to implement it in advance. There may be three interest rate cuts this year. The market rhythm was disrupted before the rate cut, but there are still good opportunities for layout. On the eve of the rate cut, Bitcoin is close to the price when the ETF passes. Although the performance of the ETF is weak, it is still resilient, indicating the potential of the future market.
In terms of layout strategy, it is recommended to reasonably control the position and enter the market in batches. The current cost-effectiveness of the altcoin is prominent, but the risk tolerance needs to be carefully assessed. Although history is difficult to completely replicate, the strategy of layout in batches is particularly critical on the eve of the rate cut. Seize the opportunity and wait for the market to pick up. #etf以太坊 #ETF✅ #etf上线 #ETFvsBTC #ETF交易机器人