Market Analysis 9.30
Hello, brothers, the National Day is coming soon
The market started to pull back at 5 am last night, what’s the reason?
The core reason comes from 🇯🇵
Japan's hawkish faction, Shigeru Ishiba, was unexpectedly elected as the new president of the Liberal Democratic Party of Japan
This leader advocates raising interest rates. While A-shares soared,
Japan's stock market suffered a Black Monday, and a fierce sell-off plunged 5%
Japan wants to raise interest rates significantly,
then Japan's cryptocurrency investors will panic sell like stock market investors
The PCE data released last week continued to cool down, and the Fed's bet on a sharp interest rate cut still has a slight upper hand
Japan's interest rate hike has a certain impact, but compared with the positive impact of the US interest rate cut
The positive impact is still greater than the negative impact
In the new round of global quantitative easing cycle, the general trend of cryptocurrency is definitely rising
But there will be some twists and turns in the middle
Including the last wave of BTC selling pressure and war conflicts in Mentougou
Recently, the leaders of Hezbollah were almost wiped out by Israel
Israel is preparing for a ground attack on Lebanon
A larger-scale war may break out
So it is a small negative impact on the currency circle
Recently, Zhu Guangyao, former vice finance minister of China, called on China to pay attention to the development of cryptocurrency research
34% of professional investors in London have invested or plan to invest in digital assets
More and more wealthy people are pouring into this industry
After half a year, it is definitely the bottom now, and many copycats have not started to rise
So it is recommended to hold 70% of the position patiently without worrying about fluctuations
