The time to make 100 million is coming, Daniel Wu!
"Powell's Speech and the Digital Currency Market"
Can the market break through the painting gate tonight?
Just look at these.
After Powell's speech, BTC rebound is uncertain.
In the past, the market often fell before his speech, and it was easy to rebound after the speech.
In the macro sense, the world is entering a trend of interest rate cuts, and many central banks have cut interest rates to stimulate the economy, but the benchmark interest rate is still high, and the era of low interest rate easing is gone.
High interest rates increase borrowing costs, reduce retail cash reserves, and weaken market support.
Among MEME projects, chasing the market value of more than 100 million US dollars in the first-level projects has risks and opportunities.
There is no obvious fluctuation in the on-chain data and trading volume over the weekend, which may be stable or calm before the storm.
Short-term fluctuations should be ignored, value projects should be held, and large-amount unlocking projects such as SUI, AEVO, and PYTH should be paid attention to to prevent being trapped.
This week, pay attention to Ethereum and its ecological opportunities. The SEC's decision on Ethereum spot ETF is unlikely to be approved, but if approved, it will lead to a market surge.
In short, in cryptocurrency trading, keep a clear mind and keen insight, have enough knowledge, and combine knowledge and action to make wise decisions, seize opportunities and avoid risks.
