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ETF is being dumped, Ether and BTC are both being dumped.
If the momentum of the dump does not weaken, the rebound will not be very strong.
Don't American retail investors and institutions know that the probability of the Federal Reserve cutting interest rates in September is very high? Is the expectation of a rate cut a bullish signal for a rise? The prediction is over 90% probability of a rate cut!
Is it still intentional to dump and scare everyone off the train, so they can scoop up the bottom themselves?! If it drops to 112-113 or even more down to 100,000, it's all about scooping up BTC, then isn't it going to take off to 150,000-200,000!
Still aware that the Federal Reserve won't cut interest rates in September, starting to withdraw early to avoid a big drop from not cutting rates, should I run away in August first?!
It would be best if the Federal Reserve meeting on Friday is hawkish and directly states that there are no expectations for a rate cut in September. That would be straightforward, instead of everyone guessing around.
Waiting for Friday's meeting, we can basically judge the Federal Reserve's direction. The data suggests that there won't be a decrease, but political and public opinion pressures may force a cut.
#机构以太坊储备破1000万枚#