It seems the market is currently experiencing short-term fluctuations caused by differing long/short positioning. The reason is that the big players have disagreement over expectations of a U.S. Federal Reserve rate hike.
Before the FOMC meeting, Wintermute took an active approach: it shorted $ETH , $SOL , and the S&P 500; while $BTC was used for range-trading. Their reasoning is simple: although the market knows the Fed may hike rates, they still bet that the market won’t be able to accept the severe consequences brought on by the hike.
Another group believes the market has already priced in the news. In Wall Street, everyone thinks there is a 90% probability of a rate hike—so the hike is treated as the answer, clearly laid out in front of the market. They think the market has already mentally prepared for the consequences of the hike, and it has already reacted with a sell-off to the expectations of a rate increase. In their view, once the news is confirmed, it’s essentially “bearish news already realized,” which makes it the best time to buy the dip.
So although capital is flowing in, the overall chart doesn’t show much change. For ordinary people, analyzing the technicals at this point is no longer very meaningful. What’s happening now is big players are battling it out. Both narratives seem reasonable to the market—whoever has more money wins.
I think the storm is coming. I recommend not rushing into the market. Long and short positions can easily trigger large swings. Our ammunition is limited—we can only wait to see how the market reacts, the data, and more information to judge the outcome.
Going forward, I will keep a close watch on the market at all times, and I won’t miss a chance to enter. I will also promptly pay attention to my signals #英国就代币化黄金征询意见
Before the FOMC meeting, Wintermute took an active approach: it shorted $ETH , $SOL , and the S&P 500; while $BTC was used for range-trading. Their reasoning is simple: although the market knows the Fed may hike rates, they still bet that the market won’t be able to accept the severe consequences brought on by the hike.
Another group believes the market has already priced in the news. In Wall Street, everyone thinks there is a 90% probability of a rate hike—so the hike is treated as the answer, clearly laid out in front of the market. They think the market has already mentally prepared for the consequences of the hike, and it has already reacted with a sell-off to the expectations of a rate increase. In their view, once the news is confirmed, it’s essentially “bearish news already realized,” which makes it the best time to buy the dip.
So although capital is flowing in, the overall chart doesn’t show much change. For ordinary people, analyzing the technicals at this point is no longer very meaningful. What’s happening now is big players are battling it out. Both narratives seem reasonable to the market—whoever has more money wins.
I think the storm is coming. I recommend not rushing into the market. Long and short positions can easily trigger large swings. Our ammunition is limited—we can only wait to see how the market reacts, the data, and more information to judge the outcome.
Going forward, I will keep a close watch on the market at all times, and I won’t miss a chance to enter. I will also promptly pay attention to my signals #英国就代币化黄金征询意见
