Last night, the Fed's dovish remarks that there may not be a rate cut in September caused the market to fall sharply.
Last night's pin bar was actually an excellent buying opportunity. I was hoping for a sharper drop. Even if there is no rate cut in September, will you cut in October? If there is no cut in October, will there be one in December? The market will price this in in advance, and what is being bought here is the expectation of entering a rate-cutting cycle.
From the market perspective, the long period of BTC's consolidation is about to end, and last night was one of the best opportunities. There is no need to think too much about eth, you can directly go long. Currently, we need to be alert in the aspect of copying and wait until August.
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Last night, the Fed's dovish remarks that there may not be a rate cut in September caused the market to fall sharply.
Last night's pin bar was actually an excellent buying opportunity. I was hoping for a sharper drop. Even if there is no rate cut in September, will you cut in October? If there is no cut in October, will there be one in December? The market will price this in in advance, and what is being bought here is the expectation of entering a rate-cutting cycle.
From the market perspective, the long period of BTC's consolidation is about to end, and last night was one of the best opportunities.
There is no need to think too much about eth, you can directly go long.
Currently, we need to be alert in the aspect of copying and wait until August.