Looked at the liquidity comparison of popular cryptocurrencies Green represents long positions, red represents short positions
Current data shows that the short position liquidation ratio of $FIL has reached 100%, which usually means that the short positions have been completely cleared, likely due to being liquidated, and there is strong short covering momentum in the market, with prices potentially experiencing a short-term pullback before a quick surge.
In contrast, the long position liquidation ratio of $BTC is 35.3%, while the long position liquidation ratio of $ETH is 42.7%, making the long-short structure of both relatively balanced, with short-term trends leaning more towards consolidation.
The market structure of FIL has already set the conditions for a short-term pullback before another surge, while BTC and ETH are more likely to maintain a range-bound consolidation, waiting for the next directional choice. {spot}(ETHUSDT) {spot}(BTCUSDT) {spot}(FILUSDT)
Trump wants to stock up on more large pancakes at low cost, short positions are correct in the short term
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Economist: If the Federal Reserve does not cut interest rates, the bottom for BTC could be around $70,000
According to Cointelegraph, network economist Timothy Peterson warns that if the Federal Reserve does not cut interest rates in 2025, it could lead to a market decline, and Bitcoin may fall to $70,000.Peterson stated in a post on X on March 8 that the triggering factor may be the Federal Reserve not cutting interest rates this year. Federal Reserve Chairman Powell stated on March 7 in New York that there is no rush to adjust interest rates.Peterson estimates that if the Nasdaq index falls by 17%, Bitcoin could drop by 33%, down to $57,000. However, he believes Bitcoin may not fall to this level, expecting a bottom around $70,000.
Isn't it contradictory that the borrowing costs in the United States are high while the economy is growing strongly?
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Traders Focus on Powell's Testimony and U.S. Inflation Data to Forecast Interest Rate Outlook
According to Jin10 data, traders are waiting for Federal Reserve Chairman Powell's testimony in the Senate and the U.S. inflation data to be released on Wednesday for clues about the outlook for U.S. interest rates. City Index analyst Matt Simpson stated that the dollar's upward momentum has paused, and the market is waiting for Powell's testimony and the CPI report, which may support a stronger dollar.
Federal Reserve officials emphasized that they will not rush to cut interest rates, especially while waiting for the impact of Trump’s policies on economic growth and inflation to become clear. Futures markets indicate that the Federal Reserve will cut rates by less than 40 basis points before the end of the year. ANZ analysts stated that the Federal Reserve can remain patient in easing policies when economic growth is resilient and inflation is above target.
What are you afraid of? All the money in the world is lying in the US earning high interest, allowing US debt to continue soaring.
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The Fed's adjustment of inflation target expectations may affect the 2025 rate cut
According to Jinshi Data, Chris Galipo, senior market strategist at Franklin Templeton Institute, said that the Fed has cancelled the statement that "inflation is moving towards the 2% target", which means that long-term bond yields will be higher.
Galipo noted that the comment will come into focus and could put expectations of multiple rate cuts in 2025 at risk. Long-term bond yields are expected to rise as a result.
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Sell it, let the Chinese government take over, and then become the largest player in Bitcoin
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Economist Suggests Biden Sell Bitcoin Held by U.S. Government
According to ChainCatcher, economist and gold advocate Peter Schiff stated that Biden should sell all the Bitcoin held by the U.S. government before leaving office.
He believes that this can reduce the budget deficit in 2024 and end the discussion about 'strategic Bitcoin reserves.' He added that Biden could complete the sale before Trump takes office to avoid Trump violating his campaign promises.
Employment growth, rising unemployment rate, isn't that contradictory?
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Economist Anna: Strong job growth in November but potential weakness in cyclical industries
According to Jin10 data, economist Anna stated that employment growth in November was strong, with hiring activity rebounding from the weakness in October. However, the unemployment rate is close to 4.3%, indicating potential weakness in cyclical industries.Anna believes that once all revised data is released, the true potential speed of monthly job creation is nearly positive but below the level needed for a stable unemployment rate, which means the unemployment rate may continue to rise.The November employment report failed to reach a consensus on the expectations for a rate cut in December, but it did not rule out the possibility. Anna pointed out that the November CPI report is crucial for the Federal Reserve's decision this month.
He predicts that by 2025, the price of Bitcoin will remain at $250, it seems he is really foolish.
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Author of 'Rich Dad Poor Dad' Predicts Bitcoin Will Reach $250,000 by 2025
According to ChainCatcher, Robert Kiyosaki, the author of 'Rich Dad Poor Dad', stated on X that Bitcoin's failure to break through $100,000 could lead to a drop to $60,000.He sees this as a 'discount opportunity' and plans to buy more BTC. He predicts that Bitcoin will stabilize around $250,000 by 2025 and emphasizes that holding quantity is more important than price at this stage.
De-dollarization is imperative, and if necessary, countries around the world can stop doing business with the United States.
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Trump demands BRICS countries not to support currencies that replace the dollar
According to the Odaily Planet Daily report, U.S. President-elect Trump has demanded that BRICS countries commit not to create a new BRICS currency or support any other currency to replace the U.S. dollar, or they will face a 100% tariff.