Federal interest rates rise again, how should the crypto Huobi trading strategy be determined?

九烨加密论-现货版 · 2023-07-27T02:37:55.000Z

Most of the discussions in the market now are about whether to raise interest rates in September or whether to cut interest rates next year. The federal interest rate has reached its final stage. If interest rates are to be cut next year, the crypto market will begin to perform a few months in advance, and the trend may become a little milder when it actually comes to fruition. Technically, we still believe that Bitcoin will undergo a short- to medium-term adjustment, at least from the current point of view, it is not over yet. Summary: How to determine the trading strategy for this downward adjustment in the crypto market? purchase!

Now the market is mostly discussing whether there will be a rate hike in September or a rate cut next year, as the federal interest rate is at its final stage. If there is a rate cut next year, the crypto market will start to perform a few months in advance, and the trend may become milder when it actually lands. Technically, we still believe that Bitcoin will experience a short-term adjustment, at least it has not ended yet from the current point of view.
Summary: What is the trading strategy for the downward adjustment of the crypto market? Buy!