🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
#晒出我的持仓收益# $BTC
BTC continues to look bullish. Recently, it has been mentioned almost every day. The daily chart shows a bottom, and it is still in the process of rising. If it moves from the bottom to the top, it will likely reach after the 10th.
Additionally, there is a voice in the market. Several members have come to ask me, saying that the implementation of interest rate cuts is actually a negative.
First, you need to understand that the benefits of interest rate cuts are not temporary; they are sustained. After the interest rate cuts, a lot of funds will flow out of American banks into the crypto space. It is not that the funds flow in and are immediately withdrawn; this is why the crypto space will benefit.
Secondly, Goldman Sachs predicts that the U.S. will cut interest rates three times this year. If there are three rate cuts, it will be similar to the market situation at the end of last year, and it is highly likely that the altcoins will follow the pace of the rate cuts.
In the end, many people are now simply in a state of panic, and panic can amplify the bearish sentiments expressed by others.
Be patient, learn and think more, and fantasize less.
#今日你看涨还是看跌?# #非农就业数据来袭#