Attention! The crypto market has just been hit with a wave of "little surprises"—the probability of a rate cut in December has surged to 50%. This can indeed give the market a strong boost, and a short-term rebound is basically secured.
But don't get carried away; this kind of good news is more about emotional stimulation. Want to rely on it to reverse the overall trend? The probability is low.
If there are no more significant data points to follow up, the market will continue to move in a bearish rhythm. Remember this: you can profit from rebounds, but chasing highs can be deadly; don't lose your direction in emotional trading.
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