In August, FOMO lasted for a weekend. The good news could not pull the market, and the bad news was released as soon as it was released. The US interest rate cut will not necessarily bring about an increase in the short term, not to mention that it is an opportunity before the election. The purpose is obviously to drive employment data and win votes.
In September, non-agricultural data will be released on the 6th, CPI will be released on the 11th, and the interest rate will be cut on the 19th. Japan should not raise interest rates on the 20th, so there should be an increase from the 20th to the 21st, but I don’t know what will happen on Monday, the 23rd. In September, we will first see what the non-agricultural data is like, which will determine whether it will cut interest rates by 25 or 50. If it is serious, the interest rate will be cut by 50 on the 19th, and it is estimated that there will be a big drop. ETH may really go to 1800-1600. International arbitrage funds will start to sell US dollar assets, which will definitely have an impact on the currency circle. The small positive news of CPI on the 11th is not very effective. Whether the interest rate cut on the 19th is 25 or 50, it feels like both will fall, and if it is 50, it will fall more.
In fact, from the recent decline of the US dollar and the rise of the RMB, we can see that a lot of funds have been withdrawn, but it seems that these funds have only been used to buy gold, and they are not very interested in the cryptocurrency circle. The excess US dollars will be invested in industry. In an unstable environment, if you want to buy, you should buy Bitcoin first. Of course, if the interest rate is cut this time, the market should start to rise slowly, but after the election, it should be the time when the bull market starts, the interest rate reaches about 2, and the CPI stabilizes at about 3, and the interest rate may stop cutting. Compared with the last round of zero interest rates, I don’t know how fierce this round will be, but RWA should be what capital and the government will plan. #降息后行情 #加密何时止跌 #牛市前兆 $BTC $ETH