Tonight's rate cut, will the crypto market 'take off' or 'stall'?
#加密市场反弹 #美联储FOMC会议 #美SEC推动加密创新监管 #ETH走势分析
🔥Tonight, the Fed is highly likely to cut by another 25bp, with the options market pricing probability >90%. But don't rush to go ALL IN; the last three rate cuts taught us one thing:
'Whether to cut or not' has never been the focus; how to cut and what to say afterward determines whether Bitcoin will surge to 105,000 or fall back to 80,000.
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One, let's first give the conclusion: short-term is positive, mid-term depends on Powell's 'facial expression', long-term remains a liquidity bull market
1. Short-term (0-24h)
As long as a 25bp rate cut is implemented, BTC/ETH usually rises by 3%-7% first, this is the 'reflex' of program trading and leveraged short positions.