The day of interest rate cuts is very likely to be when BTC plummets!
Gerry - The Listener Why say this? Four major signals are already in front of us:
1. Order book pressure is enormous - a massive sell-off of 94,000 is crazily piling up above, the air is starting to solidify.
With the main force pressing down so clearly, want to rush past? Difficult!
2. ETF still had a net outflow of 60 million dollars even when the price rebounded yesterday.
Who is buying? Retail investors, large holders.
Who is selling? ETF institutions.
The funding structure has already told you: this is not a healthy rise.
3. The bullish volume in the four-hour chart continues to decline.
A rebound is a rebound, but the strength is weakening.
The space is limited, and sustainability is even more concerning.
4. The third attempt to break 94,000 is very likely to fail.
Market iron law: if three attempts fail, there will definitely be a major drop.
This position is not pressure; it is an iron curtain.
So I say - today's interest rate cut is very likely not a celebration of a bull market, but the beginning of a main force harvest.
#美联储重启降息步伐 #BTC