Behind the plummet lies a hidden hunt! Will the Bitcoin 100,000 buy-in window open? The Fed's interest rate cut secret battle determines the life and death of cryptocurrency in August
1. Ethereum and Bitcoin are recently dumping wildly; if the selling momentum does not decrease, the rebound potential is limited.
2. Focus on the September Fed interest rate cut expectations—although data shows a low probability of a rate cut, political and public pressure may push for a cut, which would be beneficial for cryptocurrencies.
3. There is suspicion that the sell-off is driven by large holders forcing retail investors to sell off (to buy back at lower prices); if 110,000 - 130,000 (or even as low as 100,000) is the Bitcoin buy-in range, there could be a subsequent rise to 150,000 - 200,000, but some funds are worried about not cutting rates in September and are retreating early, hence the need to run in August.
4. The Friday meeting is a key window to observe the Fed's direction; attention is needed on the interaction logic between policies and market funds.
If anyone is confused due to market fluctuations, or doesn't know how to deal with being stuck in a situation, feeling misled during operations. Follow Xing Ge, and avoid the slaughter knife, snatching food from the tiger's mouth! Let's eat the next piece of meat together!!
