Breaking! The Federal Reserve's interest rate cut bomb has landed, BTC and ETH show on-chain anomalies, is this the first cannon shot signaling the start of a bull market?
The crypto world is in complete turmoil! The Federal Reserve is cutting interest rates in July, and the signal is confirmed!
Just now, Federal Reserve Governor Waller released bombshell statements: "Current interest rates are too high, and a rate cut is necessary!"
This is an almost undisputed forecast of easing!
What does this mean? Rate cut = liquidity release = risk assets celebration, the Bitcoin surge to $60,000 in 2020 was driven by easing.
And this time, the Federal Reserve has a "perfect script": cooling inflation, stable employment; the current rate cut is gentle, it is "painless easing"!
PCE inflation has dropped to 2.8%, and employment remains stable; this lays the foundation for a long-lasting positive outlook and a continued bull market!
On-chain data shows comprehensive anomalies, major players are preemptively buying!
BTC exchange balances have dropped below 1 million coins, setting an 18-month low, indicating a depletion of selling pressure!
USDT has surged by 2 billion dollars in a week, with off-exchange funds flocking in!
ETH on-chain active addresses rose by 37% week-on-week, and Layer2 transfer volumes have doubled!
This is not a preheating phase; this is institutional buying frenzy!
U.S. stocks are also soaring, with the Nasdaq hitting new highs, and the resonance mode between tech stocks and cryptocurrencies has restarted!
Grayscale Trust (GBTC) has turned premium, and funds have already placed their bets!
But I want to remind you: Are market expectations "overdrawn"? If rates really drop in July, could the good news becoming fully priced out lead to a short-term negative impact?
However, at present, the dual declines in CPI and PCE, along with a stable employment rate, give the Federal Reserve the confidence to pursue gentle easing.
This bull market may not be a short-lived surge and drop but rather a more stable and longer-term big bull market!
