1. China has significant deflation this year, economic concerns will continue to intensify, and yields have hit a record low
2. The Fed is now in a dilemma. Cutting interest rates is like opening the floodgates, which will lead to the formation of asset bubbles. If interest rates remain unchanged, it will lead to a recession.
3. China's real estate stock prices are close to the lowest level in 20 years. Related stocks have fallen by more than 90% in 4 years. Therefore, artificially boosted economies often do not last long. Unfortunately, the people who took over the stocks
4. For risky assets, the main problem at present is the market's concerns about the direction of the US economy, which means that $BTC will face the embarrassing situation of falling into a liquidity crisis.
5. Bitcoin spot ETFs suffered a heavy blow last week, with a total outflow of $700 million. None of the 12 #ETF saw any inflows, including $GBTC with an outflow of $160 million and $FBTC with an outflow of $400 million.
6. Ethereum $ETH has a bullish divergence and has formed higher lows. The downtrend in the past few months may be broken, which may have a significant boost to the entire market.
7. According to the heat liquidation chart, we need to pay attention to the position of 54200 below Bitcoin $BTC
8. The yield on the 2-year U.S. Treasury bond is falling. The market expects that with the economic slowdown, interest rate cuts and further easing policies, the U.S. dollar index will fall back. In terms of macro and market liquidity, the rapid economic crash has proven to be unfavorable to Bitcoin.
However, it turns out that the gradual slowdown in gold demand is a good buying signal for Bitcoin in the next quarter.
So from now until the fourth quarter, what we need to pay attention to is the extent of the slowdown in the US and global economies, as well as the central bank's response to economic data (easing or panic, including the degree of control). These factors are very important to the global market.
9. This week's US inflation and core inflation and producer price index are very important data, including the Michigan consumer confidence index will also give us signs of the direction of the economy, as it is the last inflation data before #FOMC
If the economy declines and unemployment rises, the Fed may slowly implement quantitative easing, but inflation will come back. If the#Fedstarts quantitative easing, Bitcoin and other risky assets will rise.
10. 72% of Binance Retail Traders Are Long Crypto