I just finished watching Powell's speech this morning, and I have a few observations:
Old Bao is quite ruthless this time, keeping his mouth shut throughout. Monetary policy? Not saying a word. Economic expectations? Silence. All answers will be revealed at next week's Federal Reserve meeting; he's keeping these cards close to his chest.
What's even more interesting is on the stablecoin side - USDC issued 850 million overnight. With such a large-scale action, I find it hard to believe that there isn't significant capital secretly positioning itself.
As for the market, the impact of the recent interest rate hike by the yen has basically been digested in a day. Now the long positions in BTC have already piled up to over 1 billion USD, and the main players are quietly building their positions amidst the fluctuations. The next steps are starting to get interesting.
To put it simply, there is currently a fierce competition between panic selling and bargain hunting. The bulls and bears are pulling against each other, and in the short term, it will definitely be volatile. But remember one thing: once liquidity returns, the entire situation could change in an instant.
Don't rush, just watch - the real launch often happens when most people are still hesitating.
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GamefiEscapeArtist
· 12-02 12:36
It's a good time to buy the dip again.
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ColdWalletGuardian
· 12-02 04:01
Long order is gaining strength.
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BearMarketMonk
· 12-02 04:00
The market makers have started to build a position.
#美联储恢复降息进程 $BTC $ETH $BNB
I just finished watching Powell's speech this morning, and I have a few observations:
Old Bao is quite ruthless this time, keeping his mouth shut throughout. Monetary policy? Not saying a word. Economic expectations? Silence. All answers will be revealed at next week's Federal Reserve meeting; he's keeping these cards close to his chest.
What's even more interesting is on the stablecoin side - USDC issued 850 million overnight. With such a large-scale action, I find it hard to believe that there isn't significant capital secretly positioning itself.
As for the market, the impact of the recent interest rate hike by the yen has basically been digested in a day. Now the long positions in BTC have already piled up to over 1 billion USD, and the main players are quietly building their positions amidst the fluctuations. The next steps are starting to get interesting.
To put it simply, there is currently a fierce competition between panic selling and bargain hunting. The bulls and bears are pulling against each other, and in the short term, it will definitely be volatile. But remember one thing: once liquidity returns, the entire situation could change in an instant.
Don't rush, just watch - the real launch often happens when most people are still hesitating.