12.04 Market Dynamics:
Once again, we must rely on the U.S. stock market and narratives created by Trump to survive. Yesterday, we called in robotic relay AI to see if it can work.
1. BTC is fluctuating; last night it suddenly dropped from 9.3 to around 9.16, then slowly climbed back up. It is currently fluctuating around 93500. There is a stagnation performance appearing in the 1-hour chart; if you watched last night's video and opened a long position this morning, it's up to you to decide on the pattern;
2. ETH is performing strongly, rising steadily, and is close to surpassing 3200, basically recovering last week's losses;
3. The Federal Reserve's three-year loss period has come to an end, and it is now back to profitability;
4. BlackRock predicts that the surge in U.S. Treasury bonds will drive institutional adoption of cryptocurrencies;
5. According to the Chicago Mercantile Exchange (CME) FedWatch data, the probability of a 25 basis point rate cut by the Federal Reserve in December is 89%, and the probability of keeping rates unchanged is 11%;
6. Bank of America predicts that the strong upward trend of the S&P 500 index will fade by 2026;
7. SEC: The Bitcoin Market Structure Bill is about to pass; tokenization needs to continue advancing; #ETH巨鲸增持


