$ETH Everyone says that interest rates will drop, so why are so many spot goods being dumped? If a rise in interest rates is coming, who would be foolish enough to sell? There's only one possibility, waiting to buy at the low point during the waterfall.
#美联储FOMC会议 Reviewing the last two interest rate cuts, both ended in a waterfall manner. Now, interest rate cuts can only save the U.S. stock market, save the common people in the U.S. stock market, but cannot save the cryptocurrency market. The number of people in the circle is decreasing.
Bitcoin and Ethereum ETFs had a net inflow of over 300 million USD yesterday
According to BlockBeats, on December 10, Farside Investors monitored that Bitcoin ETF had a net inflow of 151.9 million USD yesterday, and Ethereum ETF had a net inflow of 177.7 million USD.
Now the market is filled with seasoned investors, and the difficulty of trading has increased exponentially due to serious front-running. For example, 3400 was a position where many people were stuck with ETH. At that time, there was a temptation to buy; in the past, many inexperienced investors would sell off, and the price would generally rebound to this range after a drop, as most would cut losses. Now, it's different; people are not cutting losses and are adding to their positions, lowering their cost basis. Therefore, many people are closing their positions at break-even before reaching 3400, which is the challenging part...
According to ChainCatcher, Arkham data shows that at 01:47, 491.95 BTC was transferred from an anonymous address (starting with 1NFrgC...) to another anonymous address (starting with 1JcFfQ...).
Popular candidate for Federal Reserve chairman Hassett claims there is room for significant rate cuts
According to reports from Jinshi data, the popular candidate for the next chairman of the Federal Reserve, Hassett, stated that the Federal Reserve has ample room for significant rate cuts. He believes that if the data supports it, the rate cut could exceed 25 basis points. In an interview, Trump stated that a rapid rate cut is the touchstone for his choice of Federal Reserve chairman. Hassett emphasized that he would adhere to independent economic judgments and believes the president trusts his judgments.
#加密市场回调 is it because the Cambodian prince group has been sanctioned, leading to a shipment of 15 billion dollars worth of Bitcoin causing the price to drop.
$ETH Many troops hurry to board the vehicle, or else they will miss the expected interest rate cut. Waiting for the dealer to finish absorbing before boarding means it will be a high point.