Now there are signs that Wall Street funds are returning to the market again. In the five trading days last week, there were four days of net inflows. It can be seen that these short-term hot money have high hopes for the rise of the cryptocurrency market in October, so they began to arrange two weeks in advance.
Some smart money addresses that I follow are also secretly hoarding coins.
For example, this whale has been buying coins on Binance for five consecutive days and then transferred them to his cold wallet. The total holdings have reached 10,000 coins, worth 600 million US dollars.
In addition, the Ethereum whale we talked about earlier is also returning to the market. So many smart money with a net worth of over 100 million are buying, which shows that this is not a coincidence.
However, in the short term, we still have to pay attention to the interest rate cut in the early morning of September 18. There may be a correction after the good news is exhausted. But Shiguang still has hope, because the probability of a 50 basis point drop beyond expectations is really not small!
