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ETF dump, Ether and BTC are also in the dump.
If the dump dynamics do not weaken, the pullback will not be strong.
Don't small and institutional investors in the US know that in September the likelihood of a Federal Reserve interest rate cut is very high? Expectations of a rate cut are a positive signal for growth, aren't they? Everyone predicts over a 90% chance of a rate cut!
They are still intentionally dumping to scare people out of the market, so they can buy at the bottom?! If it drops to 112-113 or even lower to 100000, then it will be a buy at the bottom for BTC, shouldn't it soar to 150000-200000!
It is still known that in September the Fed will not lower interest rates and will begin to exit early to avoid a drop due to the lack of rate cuts, perhaps leaving in August first?!
It is better for the FOMC meeting on Friday to have a hawkish approach, to immediately say that there are no expectations for rate cuts in September, as it will be easier than everyone guessing.
We are looking forward to the Friday meeting, and in principle, it will be possible to judge the direction of the Fed. Judging by the data, a decrease is not planned, but political pressure and public opinion may force a reduction.
#机构以太坊储备破1000万枚