This market is unhealthy. Some fans asked why there are so many people bearish on the rate cut?

#Telegram创始人获保释 #美联储何时降息？ #全球经济

I want to say that you should not look at the news, just look at what you want to see. Don't think that the currency price must rise at this time when the interest rate cut is expected. You will only lose more if you only look at the short-term market situation based on news and fundamentals. Rate cuts usually stimulate economic growth, which reduces the cost of borrowing. But in my opinion, the US economy itself is not good, and most of the financial markets are ahead of schedule. In addition, the overall environment is not good. Will capital not sell stocks, spot and other financial assets in large quantities to hedge risks? We have discussed before why Powell's speech in July and at the end of August had two different attitudes😹

Speech in July: roughly means "I will never make any comments related to interest rate cuts because this will cause excessive fluctuations in the financial market"

Speech at the end of August: "Various releases of interest rate cut information and various hidden comments on interest rate cut base points" Will the continued desire to climb sofr hit the US financial system?

Then we have to consider whether the old American is cutting interest rates to save the market, or whether he is under pressure from other aspects and making two completely reversed speeches.

From the perspective of retail investors, interest rate cuts are conducive to economic development, but the global economic environment is currently in uncertainty (inflation, debt levels of large companies, geopolitical risks, etc.), which reduces retail investors' investment sentiment, and cryptocurrencies are behind more stable investment products such as gold, treasury bonds, etc....So from a macro perspective, it can also be seen that this is not necessarily the point where cryptocurrencies can take off immediately!

So the interest rate cut itself is not enough to determine the short-term trend of the cryptocurrency market, and it must also follow the general direction, the global economic environment, and the changing regulatory environment of the crypto sector to analyze!

There are more insights on the economy. A few words are not enough to explain the current economic situation. You can discuss in the comment area. Editing is not easy. Your attention is my greatest motivation. 🙏