Impact of US Interest Rate Cuts on the Crypto Market
00 summarized from 7 articles
Analysis of the Impact of US Interest Rate Expectations on the Crypto Market
Market Status and Divergence
• BTC price is around $195,000, breaking multiple short-term resistance levels, market sentiment is blocked by worries
• ETH shows resilience, maintains a fluctuating upward trend, becoming a stable asset
• USDT weekly net inflow is $4.2 billion, USDC net outflow is $2.8 billion, indicating stable asset movement and fund transfer
Macro Drivers
• Goldman Sachs predicts the Federal Reserve will cut rates three times in 2025 (September/October/December), totaling a 75 basis points reduction
• Powell emphasizes that the decision to cut rates depends on inflation and employment data, with core PCE index at 2.58% reducing rate cut expectations from 85% to 50%
• The US has passed relevant legislation to establish a regulatory framework for digital assets, guiding the inclusion of cryptocurrencies into retirement accounts, which could bring in trillions of dollars in long-term capital inflow
Technical Analysis and Operational Suggestions
• BTC faces strong resistance at $115,000, RSI remains overbought, focus on support levels of $102,000-$108,000
