Interpretation of cryptocurrency market on Nov 25 2022
블록스트리트 등록 2022-11-25 11:06 수정 2022-11-25 12:27
The market continued to shake slightly yesterday. Recently bottom signal has been noticeable. As long as no more major 'Black swan' events occur, the probability of another new low within a short period is not very high. Looking at ETH, the rebound time can be about half a month or more. The bottom of the bear market has been explored in U.S. stocks.
December 15 is the last time the Fed raises interest rates this year. Reducing intensity is 100% certainly. Although the Fed has been a tough-mouthed hawk, the CPI has fallen significantly. Previously also analyzed the issue, and the decline in CPI can suddenly accelerate. If the CPI continues to accelerate back down on December 13, the market for the Fed to stop raising interest rates point of time judgment will also advance. This is the bull market's first wave of very needed fundamental goods. Before, small shocks may still dominate that. But for the market behind, it can be completely optimistic.