No interest rate cut, causing panic in the cryptocurrency circle?
This data is supported by the surge in non-farm payrolls in the United States. The non-farm payrolls data in May showed that the increase in non-farm payrolls far exceeded market expectations and wages accelerated, while the unemployment rate unexpectedly rose, outlining a mixed picture of the labor market.
But there is no doubt that the market's expectations for interest rate cuts have suffered a heavy blow. The expectation of a rate cut in July, which was once loud, was almost strangled. The expectation of two to three rate cuts this year before the release of non-farm data has cooled significantly. Most traders are currently betting that the Federal Reserve will only cut interest rates once in December.
I have another idea. If the market is far below expectations, it must be a waterfall, but this time it is far from 519 and 412.
This is the main force taking this opportunity to digest the previous bulls. Only by exploding bulls can it move up healthily. BTC's ETF also plans to increase its positions this year. How can it get cheap chips if it doesn't go down?
Since you have the opportunity to get on the bus, you must seize the opportunity. Once the market stabilizes, MEME will rebound. Seize the opportunity to get on the bus and be ready to go.
Still optimistic about $BOME . BOME is one of the stocks with the smallest increase in this MEME rise. Once it rises, it will soar into the sky like PEPE and PEOPLE.
The young man gave you a chance, you must cherish it.
