Good morning, brothers. Last week's analysis mainly told everyone
that something big is coming, do not hold cash, and focus on holding BTC.
Analyzed from four aspects:
(1) Ceasefire agreement reached between Israel and Hamas 😀
Recently, there are not many major conflicts and wars in the world,
the Russia-Ukraine conflict has become the norm,
and it is temporarily unable to stir up new waves.
(2) Signs of cooling inflation are gradually emerging.
After the surge in oil prices at the beginning of the conflict, they have significantly retreated.
After the ceasefire agreement between Israel and Iran,
crude oil futures were quickly sold off, with a decline of over 10% this week.
The U.S. Case-Shiller home price index has fallen for two consecutive months 💥.
(3) Expectations for interest rate cuts
Recently, statements from Federal Reserve officials show that some members support an earlier-than-expected pace of interest rate cuts.
Federal Reserve Governor Waller stated that a rate cut should be considered next month;
Chicago Fed President Goolsbee also hinted that if tariffs do not exacerbate inflation, a rate cut is likely 😀.
Although Federal Reserve Chairman Powell said this week that if inflation is controlled, rate cuts will be initiated.
The market expects the Fed may cut rates again before the end of the year.
(4) Exchange BTC reserves drop to a new low
Last week, over 5,000 BTC flowed out of exchanges, retail investors have almost sold out, and the accumulation by big players is nearing its end.
Although there was a certain increase on Monday, it does not count as a rally.
Currently, it is not stable either, and we need to wait for this Thursday's non-farm payroll data and the details of Trump’s tariff negotiations to see a real big market movement.
For now, we maintain patience and wait for the market turnaround.
[Rocket]
Strong recovery, assets doubled! Keep up with the trend, lay out in advance, and easily reap significant profits.
Continue to follow: H DMC
