According to the data, Bitcoin spot ETF had a net inflow of 365 million US dollars yesterday, and Ethereum spot ETF had a net outflow of 670,000 US dollars. In terms of volume, the over-the-counter data continues to support the big pie upward. It is expected that even if this wave of bulls cannot achieve a reversal, it will maintain a relatively strong high range fluctuation. Under the linkage, the cottage will give many good opportunities.
The core PCE price index of the old US in the second quarter was announced to be 2.8%, which was consistent with the previous value expectations. The number of initial jobless claims announced yesterday was 218,000, which was lower than the expected value. The previous value of 219,000 was revised to 222,000. The release of the two data continued to reduce the market's expectations of economic recession, and to a certain extent increased the basis for another 50 basis point interest rate cut in November. The fundamentals of the market continued to improve.
After a series of positive news from related meetings, the domestic A-share market finally reversed its four-month downward trend and finally stood firm at the 3,000-point mark during the day. The video account also explained the relevant logic in detail. At least from the perspective of market sentiment, after the Fed cut interest rates, the domestic floodgates will also begin to open. This round of real money and silver is likely to pull the market.
The overall external environment is improving. At the end, I still want to remind everyone: the reversal of the big cake is still waiting for the final signal to be confirmed. Take the chips in this round with a rebound mentality. The engine of the bull market is on the way to start, please remain patient and continue to maintain passion.
