Tonight is destined to be an extraordinary day of big changes! All long orders that were bought at 54100 bottomed out were closed at around 63400, and a lot of time was spent waiting.
Today, the global financial market ushered in a feast. my country has lowered the interest rate of existing houses to inject vitality into the real estate market. The Bank of Japan announced the minutes of monetary policy, which attracted market attention. The President of the European Central Bank delivered a speech, releasing policy signals. The Federal Reserve voting committee members took turns to speak under the leadership of Powell to point out the direction for the market. In addition, US Treasury Secretary Yellen also delivered a speech. This is the first intensive speech by global central banks after the interest rate cut, and its purpose is undoubtedly to compete for liquidity after the global interest rate cut.
In this feast, Bitcoin also needs to compete for liquidity with other assets. Investors are holding their breath and expecting the speeches of central banks to bring new opportunities to the market.
In this battle for liquidity, who will laugh last is still unknown. But I firmly believe that as long as we keep up with the market and grasp the policy trends, we can be invincible in the market.