Last week's Fed interest rate meeting decided to cut interest rates by 50 basis points, the crypto market was encouraged by the significant rise, and this week a number of Fed governors spoke intensively, the wind of the speech is worth paying attention to. Token2049 came to an end, the crypto project did not appear too much new information, the market reaction was tepid, after all, the price of the coin and the news that affects the price of the coin to attract everyone's attention. Market confidence is now restored and the market is in the bottoming stage.
🌟 This week's heavyweight events:
9/23 Mon. 💼 The U.S. House of Representatives plans to hold a Committee of the Whole hearing, and the SEC will participate in the testimony
9/24 Tuesday 💼 Australian Federal Reserve announces interest rate resolution (12:30)
9/26 Thursday 💼 U.S. initial jobless claims for the week (20:30) 💼 A number of Fed governors speak 💼 ECB President Lagarde's welcome speech at the 8th Annual ESRB Meeting (21:30)
9/27 Friday 💼 U.S. core PCE price index for August (20:30) 💼 U.S. Final University of Michigan Consumer Sentiment Index for September (22:00)
9/29 Sunday 💼 CZ will soon be released from prison and reintegrated into society
📌 Crypto Market Outlook: The 50 bps rate cut has encouraged the crypto market and some active projects are starting to appear, the intensive voice of the Fed governor this Thursday is worth paying attention to, the main term IV is currently at a low level, the layout of some medium and long term cost-effective, historically, the general market will be better in October, and now is a good opportunity to buy. In addition this Sunday Zhao Changpeng is about to be released from prison, the relevant concept can give attention.
📌 crypto interest rate market, Bitfinex interest rate market has been relatively stable recently, encountering the right interest rate orders can be actively traded, especially when there is a market worthy of special attention.
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