Tonight at ten, Powell's words could cause Bitcoin to crash below 110,000?!
Tonight at ten, Federal Reserve Chairman Powell will speak at the Jackson Hole Global Central Bank Annual Meeting, and this is currently the market focus, everyone is watching!
Hawkish expectations:
✅ Bitcoin: Drops below 113,000, the maximum pain point for options, accelerating to test the bottom at 110,000;
✅ Ethereum: Loses 4,150 triggering programmed sell-offs, targeting 4,000
Dovish expectations:
✅ Bitcoin: Breaks through 115,000, triggering a short squeeze, targeting 118,000;
✅ Ethereum: Recovers 4,300 and triggers $180 million in short liquidations, surging to 4,450
If a rate cut is confirmed, the US Dollar Index may drop 0.8%, boosting a rebound in crypto assets
Taking advantage of the rate cut expectations, the upcoming wave will bottom out at historical lows, grab the trend! Expecting 5-10 times returns!
