The expectation of a rate cut in December has surfaced again, and finally there is some Favourable Information. The Fed's stance has also started to shift towards dovish, probably due to pressure. (Japan's next expected interest rate meeting is on December 18-19) The market expects a 53% probability of a rate hike in December. Recently, the market has been quite closely tied to the US stock market. My $uni coin long order hit a stop loss at 6.5, and I’m just being honest here. I still have quite a bit of Spot, hoping for a market turnaround; otherwise, the New Year won't be happy! 🥲🥲
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The expectation of a rate cut in December has surfaced again, and finally there is some Favourable Information. The Fed's stance has also started to shift towards dovish, probably due to pressure. (Japan's next expected interest rate meeting is on December 18-19) The market expects a 53% probability of a rate hike in December. Recently, the market has been quite closely tied to the US stock market. My $uni coin long order hit a stop loss at 6.5, and I’m just being honest here. I still have quite a bit of Spot, hoping for a market turnaround; otherwise, the New Year won't be happy! 🥲🥲