US stocks continue to rise, Russell 2000 continues to sprint, it is obvious that the market continues to ferment the heat of interest rate cuts, and #BTC☀ has finally come to the key point to test resistance.
I also added when Powell finished his speech just now. Powell has completed his opening speech. There are many Fed officials who will speak later. It is very likely that the speech will be bolder. It should have an effect at present.
Currently, the CME swap rate shows that the probability of a 50-base rate cut in September has increased again to 38.5%, which is 6 percentage points higher than the end of Powell's speech tonight.
The closing of US stocks and the Asian morning session are both stages of continued emotional fermentation. Let's see whether it can drive BTC to break through and stand firm in a key position.
