Crypto瑞神
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ETH surged crazily today, retail investors shouldn't follow blindly! The God of Wealth tells you whether tonight will be a high surge or a plunge?
Crypto friends, I am the God of Wealth! Today $ETH this market, is it making you confused again? Yesterday's U.S. CPI data just triggered a wave, and today the Bank of Japan raised interest rates, yet ETH not only didn’t drop but surged directly above 2900! Many people are starting to get tangled: is this market going to break through 3000 and charge towards 3100, or is it going to turn around and drop below 2870 to find support at 2770? Don’t rush, pay attention to the God of Wealth, and I’ll explain it clearly in simple terms, along with some practical advice!
News:
The Bank of Japan raised interest rates by 25 basis points, reaching a 30-year high. Logically, this should be bad news, right? But the market surged instead. Why? Because the rate hike was already anticipated, and once the bad news was fully priced in, it became good news! Additionally, last night's U.S. CPI data was mild, showing that inflation is not so alarming, which encouraged funds to come in and play. So, today's rise is not a real strong trend, but more like a rebound driven by 'news speculation.'
News:
The Bank of Japan raised interest rates by 25 basis points, reaching a 30-year high. Logically, this should be bad news, right? But the market surged instead. Why? Because the rate hike was already anticipated, and once the bad news was fully priced in, it became good news! Additionally, last night's U.S. CPI data was mild, showing that inflation is not so alarming, which encouraged funds to come in and play. So, today's rise is not a real strong trend, but more like a rebound driven by 'news speculation.'
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