CoinDiggingBrother
vip

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
View Original
post-image
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
  • Share
Comment
0/400
Ryakpandavip
· 2024-07-26 04:11
Thank you 🌹🌹🌹
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 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)