It should not be judged that it will fall after this rate cut because it fell after the first two interest rate cut days.
One of the most important reference factors for me to judge the turning point is liquidity, that is, what purpose the dog farm has achieved when it comes to this position, the current position of the BTC $BTC , is not a particularly critical position, and it cannot complete the large-scale liquidation here, so the BTC position is still there, and the current cake is not empty, and then wait and see. #BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
It should not be judged that it will fall after this rate cut because it fell after the first two interest rate cut days.
One of the most important reference factors for me to judge the turning point is liquidity, that is, what purpose the dog farm has achieved when it comes to this position, the current position of the BTC $BTC , is not a particularly critical position, and it cannot complete the large-scale liquidation here, so the BTC position is still there, and the current cake is not empty, and then wait and see.
#BTC