Bit Eagle 🦅 3.20 Accurate Market Analysis
Good afternoon, brothers. In yesterday's analysis, we mentioned:
The market is in a period of fluctuation, and a major reversal will not come particularly quickly.
When more people lose confidence, a big bullish candle will change their beliefs.
Last night, a big bullish candle really came,
BTC once broke through $87,000,
What exactly happened? How will it go in the future, and what should we do?
Last night, the Federal Reserve also hinted at another 50 basis point rate cut in 2025.
Igniting market sentiment!
The Federal Reserve didn't say it, but Wall Street has already heard what it wants to hear.
If the economic situation deteriorates, the Federal Reserve will take action to cut rates,
A rate cut in June is still possible.
Good for US stocks and the crypto market, US stocks also rebounded significantly.
Regarding ETFs, just as Bit Eagle analyzed a few days ago,
Funds are starting to flow in positively.
On the 17th, $270 million flowed in, and on the 18th, $209 million flowed in.
Yesterday, $11.8 million flowed in (data from BlackRock has not yet been released).
During this big drop, Trump's side took the opportunity to get in,
Buying cheap chips around $80,000.
Next, we are about to enter a new phase:
Trump will use policies and the Federal Reserve's rate cut narrative to drive the market up.
What we need to do:
Do not hold an empty position, do not short, and hold patiently.
