Please choose L2 coins carefully!
At present, the interest rate cut in September is a foregone conclusion, with a high probability of 25 basis points and a small probability of 50 basis points.
If the interest rate is cut by 50 basis points, it will be a big positive.
The unemployment rate and non-agricultural data released at 20:30 tonight are particularly critical, because the data will give the final say on how much the interest rate will be cut. Be alert to the possibility of exceeding expectations and prevent BTC from falling sharply. The core of how the currency circle will go in the future is still to look at the Fed's base interest rate.
The current interest rate is between 5.25%-5.5%, and it may fall below 3% by the end of 2025. The lower the interest rate, the more beneficial it is to the currency circle, but in the past two years, it is difficult to see the situation of 0 interest rate flooding and currency circle soaring like in 2021. The money-making effect is reduced, and there are only local opportunities. The current suggestion is to hold it. It is obviously inappropriate to short or cut meat at this price.