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Don't remind me again today

#美联储重启降息步伐 Kevin O'Leary's take is pretty interesting this time—while the market is betting on a rate cut in December, he's going the other way. What's more, he thinks that even if a rate cut does happen, Bitcoin won't skyrocket; a 5% swing either way is probably the most we'll see.



But market sentiment isn't playing by those rules at all. According to a certain data platform, the probability of a rate cut is as high as 89%, and this expectation has pushed BTC up from $83,000 to above $93,000. Right now, the price is stuck in a tug-of-war between the $90,000 support and $92,500 resistance. Some traders are saying: once it holds above $92,500, we might see $94,000 or even $95,000 very soon.

So why is O'Leary being so cautious? He's focused on inflation data—the US CPI is still rising, and the Fed doesn't dare make any rash moves. That said, the Fed recently injected $13 billion in liquidity into the short-term funding market, which has definitely gotten the crypto crowd's attention.

To sum it up, there are just two things to watch this week: the direction of liquidity and the Fed's tone at their meeting. If BTC breaks above $92,500, follow the bulls; if it falls below $90,000, be patient and wait for another opportunity. That's just how the market works.
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StakoorNeverSleepsvip
· 3h ago
O’Leary is still too conservative. The market has already surged to 93,000 and he’s still talking about a 5% increase, haha. Just waiting for him to get proven wrong.
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WenAirdropvip
· 8h ago
O'Leary said a 5% increase is the limit? Bro, that's way too absolute—market sentiment is really impossible to predict. Wait a minute, $13 billion liquidity injection pushed things up this much? Looks like institutions have been positioning for a while. 92,500 is the real dividing line; only if it breaks can we play. O'Leary is still too conservative, underestimating how crazy the market can get. Why bet on a rate cut? CPI is still rising, the Fed won't act that soon. Is that all the market's got? Still have to keep an eye on every move from the Fed.
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WalletDetectivevip
· 8h ago
O'Leary is really a contrarian indicator. When the market goes crazy, he goes against it. A 5% upside cap? Ha, that's ridiculous. It's almost 93k now.
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GasFeeNightmarevip
· 8h ago
Staying up late watching the charts again, did some math—any gas fees I could have saved by breaking through 92500 were all eaten up by my "late night handling fee." Truly ridiculous.
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BTCBeliefStationvip
· 9h ago
O'Leary is really too conservative, a 5% increase? Wake up, it's already up to 90k now.
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MiningDisasterSurvivorvip
· 9h ago
The 5% increase that O'Leary mentioned—I’ve been through even crazier swings. Do you really think injecting liquidity will just make the price shoot straight up? People thought the same during the mining crash in 2018, but look how that turned out. If 92,500 can’t be broken, stop dreaming.
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