The probability of a rate hike has already exceeded 90%
$BTC , yet it still surged back from the low end first
Yesterday, $BTC dropped briefly to around $75,000 at its lowest point. Today it didn’t keep going down—instead, it regained $75,500.
I think this reaction is more worth watching than guessing whether it will rise at dawn.
Tonight, the Fed will most likely raise rates by 25 BP. Market pricing already exceeds 90%, and the 10-year U.S. Treasury yield is still around 5%.
Earlier, BTC has already absorbed the core CPI upside surprise, the rise in Treasury yields, ETF outflows, and the failure of the CLARITY Act vote.
But today, BTC hasn’t continued to make new lows. ZEC has even pulled back up to around $1,260, and some altcoins have started to bounce from yesterday’s lows.
The rate decision will be released at 2:00 a.m., and Powell’s remarks will be at 2:30 a.m.
If it’s only the market that has been pricing in the 25 BP for a long time, then tonight’s more important question is whether the dot plot continues to be adjusted upward, after which it reflects the rate path.
#美联储加息是否已成定局
$BTC , yet it still surged back from the low end first
Yesterday, $BTC dropped briefly to around $75,000 at its lowest point. Today it didn’t keep going down—instead, it regained $75,500.
I think this reaction is more worth watching than guessing whether it will rise at dawn.
Tonight, the Fed will most likely raise rates by 25 BP. Market pricing already exceeds 90%, and the 10-year U.S. Treasury yield is still around 5%.
Earlier, BTC has already absorbed the core CPI upside surprise, the rise in Treasury yields, ETF outflows, and the failure of the CLARITY Act vote.
But today, BTC hasn’t continued to make new lows. ZEC has even pulled back up to around $1,260, and some altcoins have started to bounce from yesterday’s lows.
The rate decision will be released at 2:00 a.m., and Powell’s remarks will be at 2:30 a.m.
If it’s only the market that has been pricing in the 25 BP for a long time, then tonight’s more important question is whether the dot plot continues to be adjusted upward, after which it reflects the rate path.
#美联储加息是否已成定局