$ETH $BTC $SOL Mainstream massive sell-off? How to trade next?
Last night, Fed Chair Kevin Worsh’s speech at the Jackson Hole annual central bank conference clearly sent out hawkish signals, causing the market to drop at one point. He didn’t explicitly talk about rate hikes, but he implied that if the Fed cannot be confident that inflation is clearly and quickly falling toward the 2% target, then the Fed still has work to do—rate hikes are an option.
After that statement came out, the probability of a September rate hike jumped directly to 57.4%.
My personal trading approach: on any rebound, go short. For Ethereum, around 2566 is roughly the top for the short term. The spot ETF saw its first weekly outflow. Over the weekend, there’s likely to be no significant volatility. Then on Monday when the US stock market opens, if there’s a rebound—go short.
News has a lag—find out first below👇👇
Follow👇 Jin Jia Jun—make your first bucket of gold!!!
#美联储9月加息概率升至57%
Last night, Fed Chair Kevin Worsh’s speech at the Jackson Hole annual central bank conference clearly sent out hawkish signals, causing the market to drop at one point. He didn’t explicitly talk about rate hikes, but he implied that if the Fed cannot be confident that inflation is clearly and quickly falling toward the 2% target, then the Fed still has work to do—rate hikes are an option.
After that statement came out, the probability of a September rate hike jumped directly to 57.4%.
My personal trading approach: on any rebound, go short. For Ethereum, around 2566 is roughly the top for the short term. The spot ETF saw its first weekly outflow. Over the weekend, there’s likely to be no significant volatility. Then on Monday when the US stock market opens, if there’s a rebound—go short.
News has a lag—find out first below👇👇
Follow👇 Jin Jia Jun—make your first bucket of gold!!!
#美联储9月加息概率升至57%
