米格说趋势
--
Don't worry about what the Federal Reserve is playing with words! Remember what Migo said: any pullback is an opportunity for you to get on board, and a surge is just a matter of time!
When Powell speaks, the global market trembles!
This time, he directly gave the green light for a rate cut in September, but then poured cold water on the market's enthusiastic expectations for rate cuts.
Powell mentioned two things:
First, if employment suddenly collapses, they must quickly cut rates to rescue the situation, even if inflation is a bit high;
Second, don’t expect the Federal Reserve to continuously cut rates aggressively, after all, inflation has been suppressed for four years and hasn't returned to 2%, they are also anxious.
My view is:
Powell is playing a classic operation of 'expectation management' this time - neither letting the market be hopeless nor letting the market go crazy.
This is actually a good thing for the crypto space; there is hope for rate cuts, but it won't happen all at once, and the volatility can continue, providing plenty of trading opportunities.
Just like when inflation first rose in 2021, the Federal Reserve initially said it was 'temporary', and then ended up raising rates aggressively.
Now it’s the opposite: they say 'there may be rate cuts', but actions may be slower than expected. The market can easily be swayed by emotions, but funds have already quietly positioned themselves.
The reactions of Bitcoin and altcoins will definitely be different; BTC may rise steadily, while altcoins will be more volatile.
If you think that a rate cut equals a restart of a bull market, then I suggest you read Powell's statement again - what he is truly worried about is not inflation, but 'employment'. #杰克逊霍尔会议
Feeling lost in the crypto space? Follow Migo for daily market interpretations + hot topic tracking, guiding you through the fog to see the direction clearly!
When Powell speaks, the global market trembles!
This time, he directly gave the green light for a rate cut in September, but then poured cold water on the market's enthusiastic expectations for rate cuts.
Powell mentioned two things:
First, if employment suddenly collapses, they must quickly cut rates to rescue the situation, even if inflation is a bit high;
Second, don’t expect the Federal Reserve to continuously cut rates aggressively, after all, inflation has been suppressed for four years and hasn't returned to 2%, they are also anxious.
My view is:
Powell is playing a classic operation of 'expectation management' this time - neither letting the market be hopeless nor letting the market go crazy.
This is actually a good thing for the crypto space; there is hope for rate cuts, but it won't happen all at once, and the volatility can continue, providing plenty of trading opportunities.
Just like when inflation first rose in 2021, the Federal Reserve initially said it was 'temporary', and then ended up raising rates aggressively.
Now it’s the opposite: they say 'there may be rate cuts', but actions may be slower than expected. The market can easily be swayed by emotions, but funds have already quietly positioned themselves.
The reactions of Bitcoin and altcoins will definitely be different; BTC may rise steadily, while altcoins will be more volatile.
If you think that a rate cut equals a restart of a bull market, then I suggest you read Powell's statement again - what he is truly worried about is not inflation, but 'employment'. #杰克逊霍尔会议
Feeling lost in the crypto space? Follow Migo for daily market interpretations + hot topic tracking, guiding you through the fog to see the direction clearly!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
2
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number