The latest data from the futures market shows that the probability of a 25 basis point rate cut by the Fed has soared to nearly 90%. This one-sided expectation has directly dragged down the US dollar index, which is a rare respite for highly volatile assets such as Bitcoin.
Having said that, the expectations of interest rate cuts have been speculated, and now the real suspense is how the Fed will make a statement next. Any change in policy guidance could reshuffle the crypto market. In the short term, this macro narrative will continue to dominate the sentiment of the cryptocurrency circle.
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AndronyRabbit
· 3h ago
Keep going, you turned it around 😀
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CoffeeOnChain
· 7h ago
Before the interest rate cut boots land, the market has to wait for a word from the Fed, but the 90% probability is that it is speculated, and the real reversal depends on what Powell says
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SatoshiChallenger
· 7h ago
The data shows a 90% probability? Heh, the last time I was so sure was the 2023 wave, and the result was [funny]
The breathing window is easy to say, the key is that the Fed can press you back with one sentence, and this wave of the currency circle will be kidnapped by the macro again
The 90% probability is really so reliable, and the futures market will not repeatedly liquidate, and the lessons of history are there
The expectation of interest rate cuts is tired of speculation, and now what is eating is the poor expectation of policy guidance, and this game will not last long
Interestingly, every time it is said that macro narratives are dominant, the result is always the group of people who can really make money
What will happen to the Fed's statement this time, I bet that there will still be people analyzing the same logic at this time next year [sneer]
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MetaverseLandlord
· 7h ago
With a 90% probability, whether this wave can really land depends on what Powell says, and it feels like he is waiting for his mouth
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MrDecoder
· 7h ago
The 90% probability is already a certainty, and now it's up to Powell to shake his face
The dividends of interest rate cuts have long been eaten up, and it really depends on how the follow-up guidance is paved
Wait, will it be another false shot and turn to hawks when the time comes? The currency circle has to wash another wave
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TideReceder
· 7h ago
Interest rate cut expectations are almost speculated, now it depends on what Powell says, one sentence can really turn things around
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BuyHighSellLow
· 7h ago
The 90% probability has long been priced in, and now the people who enter are the receivers
The latest data from the futures market shows that the probability of a 25 basis point rate cut by the Fed has soared to nearly 90%. This one-sided expectation has directly dragged down the US dollar index, which is a rare respite for highly volatile assets such as Bitcoin.
Having said that, the expectations of interest rate cuts have been speculated, and now the real suspense is how the Fed will make a statement next. Any change in policy guidance could reshuffle the crypto market. In the short term, this macro narrative will continue to dominate the sentiment of the cryptocurrency circle.