CME data shows that the probability of a 25 basis point cut in December is approaching 90%. With low interest rates under the expectation of easing, funds are willing to flow into the cryptocurrency market, providing support for coin prices. However, this rebound lacks substantial good news; it is merely a bet on the loosening of liquidity. If the interest rate cut does not meet expectations, coin prices are highly likely to correct. Only if the cut is more than anticipated can the market continue to rise. In the long run, once the interest rate cut cycle is established, the trend of the dollar and liquidity will gradually transmit, and coin prices will detach from short-term emotions, returning to rational fluctuations.

From a technical perspective, $BTC has recently been fluctuating between 88000-90000, with a slight increase over the weekend, but overall still in a sideways state after the drop, leaning towards weakness in the long term.

$ETH operations mainly rely on shorting: 1. You can short between 3060 and 3100, with a stop loss set above 3150, targeting 3000-2960 first, and if it breaks below, then look around 2880; 2. You can long between 2890 and 2940, with a stop loss below 2840, targeting 2990-3040. Operations must strictly set stop losses, don’t let expectations change and trap yourself!

BTCUSDT

Perp

91,088.1

+1.57%

ETH

3,113.39

+1.92%