Outlook for the future market: Changes in the interweaving of the crypto market and the macro economy
The future market of the crypto market will undoubtedly closely follow the comparison of buying and selling power and the fluctuations of the macro economy in the short term. Galaxy CEO Mike Novogratz warned that Japan's interest rate hike is triggering risk aversion sentiment worldwide, which has put short-term pressure on the crypto market.
From a long-term perspective, monetary policy is still the key factor that dominates the market trend. At present, the US economic situation has attracted much attention, and its performance is far worse than the Fed's initial expectations. As revealed by the weakness of the ISM index, risky assets are under heavy pressure. Although the Fed has released a signal of a fall interest rate cut, this does not seem to have effectively curbed the momentum of economic decline.
Faced with this situation, 10x Research analyst Markus Thielen warned: If the stock market follows the decline of the ISM manufacturing index and responds to recession expectations in advance, the stock market may experience a deep correction in the next few quarters. For the crypto market, this will be a severe test, Bitcoin, etc. + communication Junyang: 954737157 Mainstream assets may face a large-scale sell-off, and prices may break through the $50,000 mark or even further down.
In summary, the future market will be a situation of deep interweaving of the crypto market and the macro economy. Investors need to remain highly vigilant and pay close attention to market dynamics and policy trends to flexibly respond to possible risks and opportunities.
