The smoke of the market has cleared, and the overall market is about to set sail again
1. News
1. Market News
From the market news: According to Powell's speech last night, the market's expectation for interest rate cuts, especially for July, is relatively low. At the same time, the Federal Reserve is not preparing for an interest rate cut in July. The possibility of a rate cut in September is the highest, with a basis point of 25. While cutting rates, more attention should be paid to inflation data. The possibility of advancing or delaying is there, and the expectation for rate cuts this year is likely to be only two times, which may all start in the fourth quarter. The earliest time for a rate cut is in September.
2. Institutional Holdings
From the institutional data: The upcoming market trend may show a reversal or change. Market makers have been continuously buying in the past month to strengthen confidence in the market's rise or prevent declines. If there is continuous net outflow, the market's support and buying power at the bottom will weaken, and selling pressure at the top will increase, leading to further price declines.
3. Market Sentiment
From the changes in market sentiment: There have been some subtle changes in market signals that hint at potential danger signals in the market. A market reversal is imminent, and significant fluctuations may occur in the near future. #Solana质押型ETF $SOL
