December's crypto market is on high alert! Ice Sister is here to talk about 4 major events, don't wait until you're in the red to pay attention.
This morning, ETH suddenly dropped by 200 points, are you shocked again?
Just because of a small article saying "Powell may resign," the market exploded.
—— December's crypto market has all the key nodes, stop blindly trading; Long Brother has laid out 4 important events that will impact your wallet clearly!
First and foremost is the interest rate cut! This is the lifeblood of the market.
Last week, the expectation for an interest rate cut was only 43%, but in just a few days it skyrocketed to 82%, and ETH followed suit, jumping from $2800 to $3080.
But this morning there were rumors that Trump wants to replace the Federal Reserve Chairman, and Powell may leave early; BTC instantly dropped to 86,000, this wave of sentiment killed a bit harshly, tonight his speech must be closely monitored.
The second thing is the "tariff dividend" pie chart drawn by Trump.
Last month it was loudly proclaimed but has yet to materialize.
Now everyone in the circle is waiting for December's finalization; if this comes true, it would be like pouring a bucket of "liquidity lifeblood" into the market, small coins are likely to react first, so those with positions shouldn’t cut losses easily.
Third, the new Federal Reserve Chairman is on the way!
Trump is likely to nominate someone before Christmas, and currently, the hottest candidate is Hassett.
—— This person is on the same page as Trump, eagerly waiting for an interest rate cut.
If he takes office, the interest rate cut pace in the crypto market will accelerate directly, which is a solid long-term benefit and much more reliable than short-term market trends.
Lastly, a reminder: Ethereum's hard fork upgrade is the day after tomorrow.
Don’t be blinded by the "good news"; this wave of expectations has already been speculated on. Now ETH is priced at $3020, it’s very possible to follow the pattern of "good news being fully priced in is bad news." Those with positions should remember to set stop-losses and don’t think about chasing highs for rebounds.
To be honest, the liquidity in the crypto market is even worse than when ETH was at $1000; even a slight disturbance can amplify volatility.
Tonight's Powell speech is crucial in the short term, but the Federal Reserve has plans in place, so there's no need to panic excessively.
If you want real-time analysis and trading strategies, come to Ice Sister's chat room, and let’s keep an eye on the market together; don’t let December's opportunities slip through your fingers. @bit冰
