$BTC
Various signs indicate that the Federal Reserve and Trump are staging a 'double act'!
Exercise caution when shorting.
Although attempts to break through around 105500 have failed multiple times, the bottom lows are continuously rising.
After the market driven by news, prices have remained in a state of fluctuation; how the market chooses to move forward is worth paying attention to.
1. The most likely scenario is that interest rates will begin to be cut in September, in two increments, each by a little, unless tariffs cause prices to keep rising significantly, in which case this plan may change.
2. The economy is not likely to collapse for now, but it won't improve much either; it will just barely experience some growth. There is no rush to cut interest rates now, mainly out of concern that prices won't come down and worries about job opportunities decreasing.
3. In the next two months, focus on several key economic indicators; if these indicators do not look good, it may not be possible to cut interest rates twice this year.
BTC focus on around 106000; a breakthrough and stabilization is necessary for a new market trend to emerge.
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