Today I accidentally fell asleep, and when I woke up it was now.

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Phyrex
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1 hour ago

I accidentally fell asleep today, and when I woke up it was now. Although the focus in the last two days has been the Federal Reserve, the core of the interest rate adjustment still relies on the price of oil. Although Trump has repeatedly stated that the rise in oil prices is due to the war between Russia and Ukraine, and both sides have announced that they will not attack energy facilities, oil prices remain high, with both types of oil still around 100 dollars, and the negotiations with Iran and the Gulf that we could have hoped for have also stalled.

At this point, it makes little sense to blame anyone. To me, Iran is the biggest winner; they have kidnapped the world with a Xiaomi and rifle approach. The global economy is on the decline. Although Iran is not doing well internally either, it can still withstand pressure as a theocratic state. As it stands, neither Iran nor the U.S. seems to plan to lift sanctions; it's just a matter of who can hold out longer. I can't say about Iran, but the Republican Party can expect to face challenges in the midterms.

Recently, Bitcoin has shown a very strong trend, and until now I haven't found out the reason. However, the key is to see if the Federal Reserve chooses to raise rates in September, or if the dot plot is very hawkish in September. Then we will see if bitcoin:native can still go against the trend of U.S. stocks, as the chances of U.S. stocks not declining in that situation are too low.

On Tuesday, the dual currency bought at 75,000 dollars will expire, and it's very likely it won't be executed, so I'm not planning to buy for now. I'll wait until after the meeting and the dot plot on Thursday at 2 AM.

@Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFD, predictions, one-stop trading


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