#BTC will surge before the rate cut.
Or pull back first.
Looking at these news, I feel like it's a game!
After testing 58,000 for so long yesterday.
The final result is still standing, driven by the continuous rise of US stocks.
Bitcoin has broken through the range.
I woke up. I saw that the probability of the Fed's rate cut has changed from 25 to 50 basis points.
The probability of a 50 basis point cut predicted online was only about 20% before, and now it is 50%.
I haven't checked the specific reasons.
The probability of a 50 basis point rate cut last night increased from less than 20% before to 50% today.
You don't know what this means.
A 50 basis point cut means that the US economy has reached a serious level.
At present, the US unemployment rate data has a large deviation, and US corporate profits have slowed down beyond expectations.
Therefore, compared with the previous two rounds of soft landing cycles, this time the US economy will welcome the possible rate cut cycle with the highest pre-rate cut momentum level. Without a sharp economic slowdown as a "trigger condition", recession concerns based on rising unemployment rates also lack support.
This also means that the Fed's interest rate cuts may trigger re-inflation in the future,
and.
Bitcoin's sudden surge ETF injected a total of $263.07 million, pushing BTC's market value to $1.19 trillion, and its dominance rose by 0.37% to 56.56%.
More like what I guessed before.
The 50 basis point sudden news is a test of the Fed's reaction to the market.
Bitcoin may become a hedging tool.
Of course, historically, when interest rates were just cut, they usually fell as soon as they landed!
Today's operating ideas.
Currently, BTC is hovering around 60,000.
The large-scale trend is still more, but yesterday's surge had a certain selling pressure, so it fell.
In terms of the long-short ratio, the overall proportion of 57,000 is relatively large.
Technically, we can wait,
Try to go short if it falls to 59,700, and look at 58,730
Then, support it and directly take long.
At this stage, neither the market nor the technology has shown a clear answer.
Want to wait for a more stable strategy
Please pay attention. I will update when the key change signal appears! !
