#美国政府 The US economy is facing a crisis, is the cryptocurrency market about to go on a roller coaster ride?
Folks! The 'recession alarm' for the US economy is ringing loudly, and the cryptocurrency market is likely to feel the tremors!
The newly released data is shocking: the ratio of US leading economic indicators to coincident indicators has dropped to 0.85, the lowest since the 2008 financial crisis, and it has been declining for four consecutive years! Those in the know understand that one of these indicators looks at 'future economy' (consumer confidence, factory orders, etc.), while the other looks at 'current economy' (real-time data like non-farm employment). Historically, when this ratio collapses, the US economy is surely in recession.
This issue hitting the cryptocurrency market translates to a rhythm of 'panic followed by gambling': in the short term, once the recession appears, risk assets like US stocks and cryptocurrencies will definitely be sold off for safety—Bitcoin and Ethereum will likely take a hit first; but if the Federal Reserve can't hold back and shifts from raising interest rates to cutting them and injecting money, then the loose funds may flow back into the cryptocurrency market, and in the long run, prices might rebound.
What's most exciting is the current 'middle state': the economy has already faced a crisis, the Federal Reserve hasn't loosened up yet, and the cryptocurrency market will likely experience 'sharp declines + sharp rises' in rapid succession, with volatility reaching its peak.
What do you all think about this wave—is it better to wait for a big drop or to directly buy the dip and bet on a rebound? Guess the wave trend in the comments! $BTC $ETH $BNB


