Recently, the crypto market has been turbulent, and a series of actions by the Federal Reserve are like heavy bombs, stirring up waves in the market. What underlying logic is hidden behind this? Let's break it down together.
Is the crypto market facing a turning point due to the upheaval in the Federal Reserve's personnel?
The recent personnel changes in the Federal Reserve have drawn attention, with the dismissal of the head of the Bureau of Labor Statistics (BLS) unexpectedly revealing a corner of the US economic data fabrication. ING has issued an urgent warning: the dollar's upward trend has entered a countdown. This is far from an ordinary policy adjustment; it resembles a 'strong shock' to the financial market.
Reports indicate that the probability of a 50 basis point rate cut by the Federal Reserve in September has surged to 80%. Sweden's Nordea Bank confirms that the non-farm data not only came in cold but also saw a historic downward revision of 258,000. Under this chain reaction, global capital is accelerating its withdrawal from dollar assets—while cryptocurrencies may become a significant direction for capital 'outflow'. For the crypto market, this might be an opportunity for a capital influx, and the upward momentum in coin prices deserves attention.
Ethereum is under pressure, facing a critical test for bulls?
Ethereum has recently encountered 'triple pressure', forming a 'death triangle' pattern on the weekly chart, with pressure continuing to mount. The VIP technical team has issued a red alert: if a strong breakthrough cannot be achieved within 48 hours, it may trigger a domino effect of on-chain liquidations.
Last night, a whale address sold 32,000 ETH, causing the market panic index to briefly reach the circuit breaker threshold. For retail investors, caution is needed at this time—it's better to miss short-term fluctuations than to blindly 'catch falling knives' to avoid being trapped. However, there are still uncertainties in the market, and subsequent trends need to be continuously monitored.
The tug-of-war between Bitcoin bulls and bears intensifies!
Bitcoin's weekly chart has shown three consecutive bearish candles, with the 50-day moving average becoming a critical battleground for bulls and bears. Last night, a single sell order of 18,000 BTC appeared on the Coinbase platform, instantly stirring market sentiment.
Goldman's quantitative model shows that if Bitcoin loses its key support level, it could trigger a $470 million programmed sell-off. But there’s no need for excessive panic—under the expectation of interest rate cuts by the Federal Reserve, institutions like Blackstone and Grayscale are quietly accumulating through the dark pool, and a battle between bulls and bears is imminent. For retail investors, it's essential to manage risk: set up defense orders, closely monitor market dynamics, and capture bottom-fishing opportunities.
The market hides opportunities, with risks and chances coexisting
The non-farm payroll data came in cold, effectively tearing away the 'fig leaf' of Federal Reserve policy. The VIP forex group has already positioned itself keenly, reminding us that the crypto market intertwines opportunities and challenges, necessitating sharp insight and close following of dynamics.
Although uncertainty remains, opportunities often lie within the fluctuations. Conduct thorough research and formulate reasonable strategies; it may yield rewards during the oscillation. But remember: investing carries risks, and one must be cautious when entering the market, strictly operating according to their own risk tolerance, and rejecting blind following.
The series of actions by the Federal Reserve is writing a new script for the crypto market. We are both observers and participants—only by closely monitoring and ensuring risk control can we stand firm amid the uncertainties. Let's patiently wait for the market's subsequent 'answers'.
