Continue to follow the breakthrough of 65000 for BTC, because currently the Exchange Rate of ETH is relatively low, so participating in long positions of ETH may offer a better cost-effectiveness. Once BTC breaks through 65000, then altcoins or Ether may To The Moon again!

The short-term pump came to an end yesterday. The Japanese yen's interest rate remained unchanged, and the market maker remained sideways near 62700 points for the morning. After the news came out, it pumped to around 64200 points. Long positions in all sectors exerted force, and market liquidity quietly increased. From a cyclical perspective, the logic of the upcoming bull market relay is certain. However, based on the incremental changes in liquidity, the market does not have the conditions to directly reverse in the short to medium term.

A rate cut in one day cannot achieve its purpose, and the bull market will not be completed in one day either. If the previous 52400 points was the major bottom of the next round of market, then going below sixty thousand points again will be a more substantial rhythm of accumulation. The market pulled up in one breath will inevitably tremble at the top, and the rhythmic, step-by-step rise will eventually take the market to the moon.

From a macro perspective, the rhythm of off-exchange ETF funds should reverse first. Sure enough, the net inflow of BTC Spot ETF overnight reached 158 million US dollars, and the net inflow of ETH Spot ETF, which is rare, reached 5.25 million US dollars. The inflow of funds for ETH is small, but its symbolic significance is far greater than its actual value. The sentiment side has indeed been brewing and is ready to explode.

#币圈观察员 #美联储宣布降息50基点，后续行情怎么走？