Tonight, BTC is really on fire! It surged from around 90,000 to 94,555 in one go, and many friends are asking, what's going on? In a word: it's all due to expectations of interest rate cuts, this wave of increase is simply clear and unmistakable! $ETH

First, let's look at the reasons:

1️⃣ The big battle of interest rate cut expectations: The Federal Reserve is likely to announce an interest rate cut early Thursday morning, and the market has long anticipated this, but before that, Bitcoin dropped to over 80,000, and everyone started to speculate on the “expectations” early, just like rushing to buy New Year's goods before the festival, those who buy first make the profits. Institutions entered the market early to drive the price up, completely igniting this wave of momentum!

2️⃣ U.S. stocks leading the way: Recently, U.S. stocks have been steadily oscillating at high levels, with good news continuously coming in. Tonight, after opening lower, U.S. stocks rebounded, and Bitcoin naturally followed suit, sort of “benefiting from the rise of U.S. stocks.” You know, when the stock market is good, the crypto market can follow suit.

3️⃣ Hassett's super signal: Tonight, the popular candidate for the Federal Reserve, Hassett, stated that the Federal Reserve has room for a “significant interest rate cut.” Once this signal was released, the market instantly gained confidence, with funds pouring into the crypto market, pushing up Bitcoin's price.

4️⃣ Plenty of money, nothing to do but invest in BTC: Recently, market liquidity has been particularly loose, and everyone is betting that interest rate cuts are favorable. The money in the market is increasing, and everyone is thinking to take advantage of this opportunity to increase their Bitcoin holdings, and when it rises, it becomes a natural outcome.

Today, I called for a long position around 90,000, added more at 90,400, with a target aimed directly at 94,000, and it directly surged to 94,555, making a full profit. To put it simply, this wave of momentum is simply “easy money picking up”!

With interest rate cuts approaching, I have already prepared for the mid-to-long-term layout, and next, I will keep an eye on the trend after the interest rate cut, and if there’s an opportunity, I will bring everyone on board! #加密市场观察 #美联储FOMC会议