Bitunix Analyst: Three European Countries Launch Interest Rate Cuts, Global Easing Atmosphere Heats Up, Supporting Bitcoin's Mid-Term Trend

BlockBeats News, on June 20, the central banks of Switzerland, Sweden and Norway struck interest rate cuts within 24 hours, each cutting by 25 basis points, announcing that the world has once again entered an easing cycle. Although most economists had expected these central banks to stand still, in the face of slowing inflation and currency appreciation pressures, the three countries chose to stimulate the economy ahead of schedule, causing market shocks. While the UK and US central banks kept interest rates unchanged, BTC continued to trade sideways around 105K as the pound weakened, US Treasury rates fell, and funds in the crypto market began to flow back. Markets are waiting to see if the expiration of the US tariff moratorium in early July becomes a new variable. Bitunix analysts suggest that this “small easing wave” may be a precursor to the global monetary policy shift in the second half of the year, especially in the context of slowing inflation, which is expected to support the performance of risk assets. Pay attention to the effectiveness of the support of BTC $103,300-$102,700, and if it holds firm, it is expected to start a rebound band. In addition, it is important to keep an eye out for US trade policy developments on 9 July, such as the reintroduction of punitive tariffs, which could become a new source of pressure on the market.