The Federal Reserve is about to make a big move, and the crypto market is going to be a roller coaster again! Buckle up!
There are reports that the FOMC meeting may directly cut interest rates by 50 basis points, with CME probabilities reaching 89.4%. Basically, everyone has this expectation; it just depends on how much it will be cut in the end.
Liquidity is expected to increase significantly, and capital is eyeing the crypto market. In the past, when easing policies were announced, both Bitcoin and altcoins saw a rush of buying. Last time the interest rate was cut, Bitcoin surged over 800%, and it rose 886% during the zero interest rate period in 2020. In the 72 hours before and after this decision, the volatility of mainstream coins will definitely be huge, and the contract market will see fierce battles between longs and shorts.
However, this time the situation is complicated; inflation, employment, and the elections have led to differing views on easing policies in the market. Institutions are positioning themselves in advance, and long-term holders are stabilizing the market, but the curse of 'buy on rumors, sell on news' still applies.
Wall Street has placed its bets, and we need to be prepared too. Is this wave a return of the bull market or a trap? If the rate is cut by 50 basis points, will you buy Bitcoin, Ethereum, or altcoins? Internally, preparations have already been made; if you want to jump in, 直接扫描币安聊天室二维码 follow the operations.
