In the past few days, there has been another wave of declines, and many contracts have been liquidated.
Trading during this period is truly hellishly difficult.
Last Friday, the significant drop in AI stocks in the US triggered by Oracle led to further declines in the crypto market.
At the same time, the Bank of Japan is expected to announce interest rate hikes this week, which has sparked some risk-averse sentiment.
How will the market trend in the future? It's still the same judgment as last week:
A fluctuation for 1-2 months, then BTC might break through new highs.
The reason still lies with Trump, who has invested in various cryptocurrencies and mining companies,
Next year, after getting Powell out of office, there will be a crazy rate cut.
The biggest resistance to rate cuts currently is the high inflation,
Next year, the US midterm elections are approaching,
If inflation remains too high, the Republican Party will definitely lose,
So Trump is currently thinking of ways to reduce prices and ease the burden on residents,
In the long run, inflation will fall, and interest rates will also decline; it's just a matter of time.
The current market is barely alive, and it is relatively difficult to break through in the short term.
We can only engage in a protracted battle, buy the dips and not the rises, and do not fall before dawn.
When the price drops, invest regularly, and do not chase after the highs when it rebounds.
If you are still anxious about which coins to invest in during the current market, or if you are feeling emo about missing out or being trapped, stop overthinking it! Chat room speed
Focus for the day: BAS ICNT NIGHT FORM RAVE FOLKS DAM
