What's really happening in the market right now?
The market has been consolidating sideways for nearly two months, which has been quite agonizing. However, several signals suggest that the situation may be changing:
The market widely expects the Federal Reserve to keep interest rates unchanged in January. More importantly, the market is actively pricing in an expectation of a rate cut in March. Historically, risk assets like cryptocurrencies often begin to reflect this optimism even before the actual rate cut is implemented.
Therefore, the macroeconomic environment may indeed be shifting from headwinds to tailwinds between now and the first quarter of next year.
Historically, this has been a crucial indicator for judging whether the market is bullish or bearish. After the correction since October, prices are currently stabilizing above this key support line. This is a positive technical signal, suggesting that the long-term market structure may still be intact.
A short-term bottom may have been found: combined with a shift towards more optimistic macroeconomic expectations and signs of price stabilization at a key long-term support level, the most pessimistic phase of the market may be passing.
This period coincides with a time of potential positive macroeconomic policies and improved market liquidity. This provides fertile ground for market development.
#Federal Reserve Repurchase Agreement Program #Crypto Market Watch Brothers, a powerful coin that can make 10x returns is here! I'm preparing for a big move in the upcoming market. If I go all in this time, I'll definitely make a fortune. Want to witness it? [Come to my chat room](https://app.binance.com/uni-qr/cpos/15606889063778?l=zh-CN&r=HGV4CH2I&uc=web_square_share_link&uco=sGrEFA04_L803jygSOTfxQ&us=copylink).