2024-07-26 04:02:14

Yesterday's GDP and inflation data released were both higher than expected, indicating that the current US economic situation is actually overheated. However, the market still expects a rate cut in September. The fact that the data does not support a rate cut shows a significant expectation gap between the market trend and the actual situation. This expectation gap is exaggerated. Once the expectation of a rate cut in September is not met, a big dump is on the way.

Tonight, core inflation data will be released again. As long as the data results are not lower than expected, I believe there will be some Unfavourable Information effect.
Today, the Rebound of BTC is much stronger than ETH, mainly because BTC has better elasticity, and the possibility of retesting the bottom today cannot be ruled out.
In addition, the US stock aizone has also started a strong decline, Unfavourable Informationdigital asset, this point is especially noteworthy
Fundamental Analysis, everyone can refer to it

ETH0.5%

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Ryakpanda

· 2024-07-26 04:11

Thank you 🌹🌹🌹

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