The Federal Reserve's internal divisions have exploded! Can we still expect interest rate cuts this year?
The internal conflict at the Federal Reserve has escalated! At the recently concluded meeting, there were actually 3 big shots who voted against it. Chicago President Goolsbee directly stated: It's too hasty to cut rates now; inflation hasn't met the target for four and a half years, and ordinary people are still worrying about prices—what's the rush?
On the other hand, Philadelphia President Paulson expressed greater concern about the job market holding up, saying that the previous cut of 75 basis points was considered 'buying insurance.' One fears a rebound in inflation, while the other fears a surge in unemployment; even the Federal Reserve is confused!
My view is: This situation is actually good for the crypto market! Why? Hesitation over rate cuts, coupled with fluctuations in economic data, easily triggers risk-averse sentiments in the market. When funds have nowhere to go, they might flow into assets like Bitcoin. However, there will definitely be volatility in the short term; the tougher the Fed talks, the more anxious the market becomes.
For players:
1. Don't chase highs or sell lows; the noise from news is substantial, making it easy to get washed out.
2. Buy in batches when prices drop, especially during sharp declines, and hold onto core assets.
3. Save your ammo; significant moves might have to wait until next year when the direction is clearer.
By the end of this year's market trend, is it a pie or a trap? Follow me for a breakdown tomorrow of the real script behind the Federal Reserve's 'argument,' revealing which coins might secretly take off!
If you don't know the specific timing, you can follow Tianji, and my fans will be reminded in the village 24 hours a day!
