A CICC research report says we expect rate hikes may still be paused in October, with another move in December—after the news came out, I first watched fund flows, then prices.
The news itself is positive. I’m more concerned about whether prices have already priced it in. Keep an eye out for signs of large deposits into exchanges; that often means someone is preparing to sell.
$BTC (24h -1.93%).
#BTC
The news itself is positive. I’m more concerned about whether prices have already priced it in. Keep an eye out for signs of large deposits into exchanges; that often means someone is preparing to sell.
$BTC (24h -1.93%).
#BTC