#大盘走势

Bitcoin and gold join forces to teach the Fed a lesson, how far will the bull market be?

Jerome Powell, chairman of the Federal Reserve, said last Wednesday that the Fed needs more evidence that inflation is continuing to move toward its 2% target before cutting interest rates. "

Affected by the Fed's hawkish tone, expectations for a rate cut in June have been falling again and again, from 70% not long ago to around 50%. Undecided, hesitant, and in a dilemma.

But gold did not give the Fed any face at all, and continued to advance to a new historical high of $2,300 per ounce, giving the Fed's hawkish stance a head-on blow.

The Fed holds the switch to cut interest rates, which is the main reason why people listen to it. The Fed made a verbal statement to reduce expectations for rate cuts. The expectations for rate cuts have been reduced, and expectations for liquidity easing have weakened, which should suppress gold and BTC. However, gold and BTC responded to all this with an increase.

However, there is another way to tell the story.

The market prices expectations. And the rise and fall of the market is the derivative of expectations.

On April 5, the US non-farm payrolls data was released. It was much higher than expected.

Seeing the Fed care for the market so much really makes people feel flattered.

The long-term and short-term interest rates of US bonds have been inverted for 1 year and 9 months.

For long-term holders of BTC, they just need to wait quietly. Victory is bound to come, and the bull market will come sooner or later. When the Fed releases water, the real bull market will come.

Finally, pay attention to my cousin and don’t get lost. In this circle, choice is greater than hard work. Let’s join forces to welcome the arrival of the bull market and achieve wealth freedom.