Will the upcoming launch of Ethereum pledge trigger a market rally again?
1. News
1. Institutional situation
From the situation and trend of institutional data, there is a certain risk aversion in the market. There may be some obstacles for the market price to continue to rise. Then the process of price rise may still require BlackRock's funds to pull up the market, but there is no sign of large institutions continuing to hold positions in the past two days. The market may experience a consolidation trend in the next two days. Then when large institutions re-enter the market, the market will have a new rise.
2. Interest rate cut situation
After the PCE data last night, the probability of interest rate cuts increased, and the probability of no interest rate cuts decreased. This is a bullish signal to the market. The final interest rate cut or whether to cut interest rates still depends on a large non-agricultural data next Friday to set the tone.
3. Market situation
The market has recently received good news from Auntie: in the case of pledged ETFs, from the market's perspective, the market rose last night under the stimulation of this positive. But it may be necessary to wait until Trump takes office and replaces the existing SEC before it is possible to continue the upward trend. #COS.Smart Strategy Library🥇🥇#GMT投票燃烧计划 $SOL $ETH