Recently, the Fed announced a rate cut decision, triggering fluctuations in the crypto assets market. Before the rate cut news was released, the price of Bitcoin experienced a fall, mainly due to precautionary measures taken by market participants to avoid risks. However, after the rate cut was implemented, the price of Bitcoin rebounded.



The reason for this phenomenon lies in the fact that the expectations of the Fed officials exceeded market expectations. Nine officials believe that there will be a cumulative rate cut of 75 basis points this year, equivalent to three rate cuts of 25 basis points each. This is more aggressive than the market's original expectation of two rate cuts, increasing the likelihood of rate cuts in October and December, which is undoubtedly a better-than-expected piece of news.

However, this decision also brings a potential negative factor: there may not be any interest rate cuts next year. This essentially moves a planned rate cut from next year to this year, changing the pattern from "two cuts this year + one next year" to "three cuts this year + zero next year."

In the face of the inconsistency between market expectations and actual conditions, investors need to remain calm and carefully analyze market trends. Recently, the price trends of major crypto assets such as Bitcoin, Ethereum, and Solana have aligned with previous predictions. Bitcoin once reached a high of $117,286, close to the predicted extreme resistance level of $117,429. Solana is nearing the extreme resistance level of $245.71, while Ethereum has also broken through the expected range of $4,600-$4,617.68.

Although these Crypto Assets have reached the expected Rebound targets, market participants are still closely watching whether they will continue to rise. In this uncertain market environment, it is particularly important to keep an eye on market dynamics and maintain rational analysis.
BTC-0.12%
ETH0.72%
SOL3.55%
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CountdownToBrokevip
· 5h ago
No money to cover liquidation.
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BTCRetirementFundvip
· 5h ago
Cryptocurrency Trading still talks about rationality? Laughing to death.
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PhantomMinervip
· 5h ago
Steady, enter a position first and then talk.
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TestnetNomadvip
· 5h ago
Lying flat and waiting for the Rebound.
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ZeroRushCaptainvip
· 5h ago
I got played for suckers again, it turns out that reverse trading was the right move.
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StableGeniusDegenvip
· 5h ago
Why does it feel like it's better not to lower it?
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NotSatoshivip
· 5h ago
Can Bitcoin still rise? It will be done for next year.
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