CME Federal Reserve Watch - The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 93.6%. If we follow last year's rate cut script, the upcoming scenario should be as follows:
U.S. Stocks: Tech stocks such as Nvidia, Apple, and Tesla are expected to rise by around 20%.
Cryptocurrency Market
Bitcoin is expected to rise by around 30%, which aligns with my bullish market top range of $140,000 to $150,000.
Ethereum is expected to rise by around 50%, which also aligns with my bullish market top range of $4,000 to $6,000.
Layering of Altcoins
Mainstream Altcoins: Mainstream coins like BNB, ADA, XRP, TRX, SOL, etc., are expected to rise by an average of 50% to 80%.
Secondary Mainstream Altcoins: Secondary mainstream coins like UNI, HYPE, SUI, LINK, ENA, etc., are expected to rise by an average of 100% to 150%.
Small-cap Altcoins or Market Hot Coins: Altcoins such as NEIRO, PNUT, PEPE, LDO, BIO, STO, SAHARA, SPK, etc., are expected to rise by an average of 100% to 500% (Special Note: This is not a recommendation for coins, just an illustrative example).
This is relatively conservative on my part. If the Federal Reserve really does cut interest rates in September, the market is likely to perform better than this script. This period is when everyone can lay out their positions at lower levels.