Brothers, breaking news! The third-in-command of the Federal Reserve, New York Fed President John Williams, just spoke out, saying that a rate cut could happen again in December! As soon as the words were spoken, the K-line fluctuated wildly! The U.S. stock market surged before the opening, soaring directly from 80,600 to 85,000 with a random number of $BTC ! Even Nvidia staged a V-shaped reversal, turning a 1% loss into a gain; it really all depends on the Federal Reserve's words!
Additionally, the latest data shows that the unemployment rate rose to 4.4% in September (the highest since October 2021), despite a significant increase in employment numbers. Now, the market's probability of a rate cut next time has surged to 71.3%! Everyone generally expects one more rate cut this year, with the year-end rate possibly dropping to 3.50%-3.75%.
The market is just so fickle; Wall Street and the crypto world are just looking at the Federal Reserve's face. One word from a big shot can make BTC rise or fall by thousands of dollars in minutes. Don't talk about fundamentals; let's talk about liquidity first! The statement from the third-in-command has made a rate cut in December a real option. This means that the big show at the end of the year will be very exciting! To know the first-hand macro information, pay attention to @周鹏_BNB ! If you have questions, leave a message; I will reply to all I see;
