Trump's recent policy towards China has been inconsistent, ranging from declaring a 155% tariff increase to stating that he doesn't really want to raise taxes, and then considering export restrictions, which has led to fluctuations in TACO expectations. The market is unstable amid mixed signals, and next week’s events, including the Federal Reserve's interest rate meeting, progress on the government shutdown, and tariff policies, will be key turning points. CME data shows a 99% probability of a rate cut in October, but inflationary pressures keep the uncertainty for December high.
In the Bitcoin market, the surge in trading volume indicates heightened panic, with recent bottom-fishers suffering losses and exiting. However, URPD data shows that there is still solid support in the range of $104,500 to $111,000, and holders are showing strong resistance. Although short-term volatility may persist, most investors still hope that a rate cut at the end of the month can stabilize sentiment and prices.
This article is sponsored by #Bitget | @Bitget_zh
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。