December 10: Fed interest rate decision day


There's a high chance the US will cut rates for the third time this year
December 19: Japan is very likely to hike rates
This would absorb the global liquidity released by the US rate cuts
From a technical perspective, after yesterday’s wick down and recovery, the bulls are in control
Sharp rises are not real rises, sharp drops are not real drops
The W-bottom on the 4H timeframe has been confirmed, and the neckline has been broken
Before the rate cut, focus on buying the dips
When no one in the market dares to short,
That’s when the real downtrend will come again
#BNB  #BNB  #狗狗币 #Ethereum #BTC
BNB-0.89%
DOGE-3.53%
ETH-2.96%
BTC-1.66%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
GateUser-e52405bevip
· 18h ago
Feels like a double top
View OriginalReply0
GateUser-e52405bevip
· 18h ago
Feels like a double top
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)