The 25 basis point rate cut has long been chewed by the market.
Expectations are fulfilled, and the waves are not alarming. But Powell may have to put a hawk on his side - the ghost thing about inflation is not dead yet. ZEC took off directly today, with an intraday increase of nearly 20%, and the technical bull signal was full.
The question is: is this the last before the boots hit the ground? Or is the easing cycle really coming, and the bull market has just begun?
What do you think about the liquidity loosening for altcoins?
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RektButSmiling
· 12-10 06:40
ZEC's rally is a bit outrageous, but I still be cautious, I feel that Powell is going to change his face at any time.
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The expectation of interest rate cuts is rotten, and now it depends on whether inflation will jump again, and the copycat is easy to backlash.
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Don't be dazzled by the 20% of ZEC, loose liquidity does not mean that it can be caught steadily, this rhythm feels wrong.
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The real test is yet to come, and the more revelry there is, the faster the chaos will come.
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Easing cycle? I see that there are still too many hawkish voices, and altcoins may suffer this time.
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MetamaskMechanic
· 12-10 06:37
ZEC up 20%? Hawkish Powell is back in minutes, don't be happy too early
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NFT_Therapy
· 12-10 06:36
ZEC's rise is a bit crazy, but it feels false. Powell is going to be hawkish, so don't be too optimistic about altcoins.
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CryptoSourGrape
· 12-10 06:34
If I had bought ZEC yesterday, I would have been able to cry there now while watching the 20% increase
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GasFeeGazer
· 12-10 06:21
The madness before the boots hit the ground, I bet that ZEC will not be able to rush through
The 25 basis point rate cut has long been chewed by the market.
Expectations are fulfilled, and the waves are not alarming. But Powell may have to put a hawk on his side - the ghost thing about inflation is not dead yet. ZEC took off directly today, with an intraday increase of nearly 20%, and the technical bull signal was full.
The question is: is this the last before the boots hit the ground? Or is the easing cycle really coming, and the bull market has just begun?
What do you think about the liquidity loosening for altcoins?