6794960292#Expectationsof rate cuts reduce ETF outflows and the market pulls back

At the beginning of the year, it was expected that there would be three rate cuts of 75 basis points this year

This week, with the release of CPI and PPI data and the speech of the Fed Chairman, there will be a maximum rate cut of 25 basis points this year. Affected by the lower expectations of rate cuts, Bitcoin spot ETFs have been in outflows for three of the past four days. In the end, as everyone has seen, the outflow of ETFs is directly reflected on the market. Bitcoin is hovering at 67,000, and the copycat is also bleeding

As a long-term HODL holder, any news is unmoved because we all know that no matter what kind of posture Bitcoin moves, it will eventually reach the end. We just need to wait patiently

Finally, stay away from contracts. Hundreds of millions of dollars have been liquidated in the past two days. The K-line is invalid. Bitcoin is still greatly affected by news now

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