Although dovish signals came in the early morning, the market had already priced in this mild expectation in advance, and the rebound seems to have been overdrawn. As the dovish tone emerges, the market goes against the trend and continues to weaken!
If subsequent easing policies fall short of expectations, or if the economic fundamentals remain under pressure, with adverse factors such as persistently high inflation becoming apparent, the downward pressure on the market will further intensify. If hawkish rhetoric becomes rampant, it will undoubtedly become the last straw that breaks the market's back, accelerating the downward trend!
Ultimately, whether the market is dominated by dovish or hawkish sentiments, the current downward trend has already been established, and the key is to grasp the rhythm of the decline. For us, adhering to a short-selling strategy during rallies is the way to move steadily forward in a volatile and declining market environment! #币圈 #比特币 #区块链