The decline today is expected and very normal ..... In about 36 hours from now, a conference for Jerome Powell will be held and a decision on interest rates for the US dollar will be issued ..... Therefore, today everyone is trying to secure their investments ...... But in my personal opinion and based on the analysis of the data, this is a wrong action ..... Unfortunately, the majority of traders have limited thinking ..... They follow the blind shepherd even if it takes them to the abyss ...... Let's analyze the matter logically only .....
First, the expectation (from the general traders): is to stabilize the interest rates on the dollar during the upcoming period (this is the worst possibility). If this happens and the US Federal Reserve stabilizes the interest rate on the dollar, it is logical for the markets to remain as they have been in the past period, meaning they will continue to rise and fall and fluctuate normally like the past period "I mean a full month at most"
Thus, this decline and random selling attempts are unjustified and illogical because, indeed, nothing will change and everything will remain as it is
As for the other possibility (which only 5% of traders see)
It is a reduction in interest rates on the dollar regardless of the value of the reduction (whether large or small), and thus the markets will revive due to investors' tendency towards crypto where there is a much larger profit level than keeping their money as deposits in banks ..... This reduction will bring new liquidity to the markets and thus will increase the demand for Bitcoin and alternative currencies, which will lead to price increases (which will often be significant)
#BinanceHODLerTree #BNBATH #حوت_المضاربة_العملاق $BTC $ETH $SOL
