If you have been paying attention to the market recently, you will certainly agree that the past few weeks have been a veritable explosion of information. Like a series of carefully choreographed fireworks, they have burst forth in the long-silent night sky. At the macroeconomic level, good news has come one after another, as if they were all agreed upon, injecting a long-awaited dose of adrenaline into the global risk asset market, especially the crypto world we are in.
Today, let's unravel the complexities and delve into the 'macroeconomic bonanza'—especially how the unexpectedly strong GDP data from the U.S. and the 'dovish' remarks from the Federal Reserve's 'hawkish bigwig' Waller have worked in tandem to reverse market sentiment and rekindle the risk-on sentiment in the crypto market. This is not just a simple market analysis but an attempt to capture the deep logic and emotional pulse driving capital flows.