Powell's speech is dovish, hinting at support for a rate cut this month, and it seems a 25 basis point cut is a certainty. Even if it can't drive the market to rise much, at least the pullback won't go too far.
From the perspective of market indicators, Bitcoin's 113000, ETH's 4100, and SOL's 200 have all broken through. As long as there is a stable closing line in four hours, then this pullback can basically be considered finished. Therefore, pay attention to the closing situation at 4 o'clock and 8 o'clock, and those who should exit should exit. #美联储降息预期升温
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Powell's speech is dovish, hinting at support for a rate cut this month, and it seems a 25 basis point cut is a certainty. Even if it can't drive the market to rise much, at least the pullback won't go too far.
From the perspective of market indicators, Bitcoin's 113000, ETH's 4100, and SOL's 200 have all broken through. As long as there is a stable closing line in four hours, then this pullback can basically be considered finished. Therefore, pay attention to the closing situation at 4 o'clock and 8 o'clock, and those who should exit should exit. #美联储降息预期升温