$ETH was told everyone early on that Wang Ge is bullish. Although the non-farm payroll data was bearish, the market has clearly already digested it!!!
The non-farm data directly pressured the entire crypto market. From the current chart, the selling pressure brought by the non-farm data has already been absorbed, and we are now seeing an upward move. In the short term, it has already started to pull back!!
The cooling of expectations for Fed rate hikes and cuts, and Fed official Waller clearly stated that as long as inflation cools, he supports rate cuts. In addition, the midterm elections are approaching, and Trump is pressuring the Fed to cut rates.
The huge 40 billion debt owed by the U.S. Treasury has caused certain disruptions to economic measures and lowered the dollar's credit rating.
Whales and institutions will choose to avoid risk this time and put funds into precious metals and crypto. This is the main reason for the short-term rise. Are the early long positions still being held?
The market has a lag effect; news comes first. Follow Wang's team and secure your first pot of gold in life👇👇👇
#ETH #ETH走势分析
The non-farm data directly pressured the entire crypto market. From the current chart, the selling pressure brought by the non-farm data has already been absorbed, and we are now seeing an upward move. In the short term, it has already started to pull back!!
The cooling of expectations for Fed rate hikes and cuts, and Fed official Waller clearly stated that as long as inflation cools, he supports rate cuts. In addition, the midterm elections are approaching, and Trump is pressuring the Fed to cut rates.
The huge 40 billion debt owed by the U.S. Treasury has caused certain disruptions to economic measures and lowered the dollar's credit rating.
Whales and institutions will choose to avoid risk this time and put funds into precious metals and crypto. This is the main reason for the short-term rise. Are the early long positions still being held?
The market has a lag effect; news comes first. Follow Wang's team and secure your first pot of gold in life👇👇👇
#ETH #ETH走势分析
