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Bitunix Analyst: Strong Performance of US Bonds Boosts Market's Early Bet on Rate Cuts, Crypto Sees Opportunity with Liquidity Expectations Improving
Summary: According to reports, the US bond market has rebounded strongly, with the 10-year yield falling to 4.26%, marking the best performance in the first half of the year in five years. The market is widely betting that the Fed will cut interest rates twice this year, with data showing a low but rising 20% probability ...
According to reports, the US bond market has rebounded strongly, with the 10-year yield falling to 4.26%, marking the best performance in the first half of the year in five years. The market is widely betting that the Fed will cut interest rates twice this year, with data showing a low but rising 20% probability of a rate cut in July. Investors are overlooking uncertainty surrounding Trump's tax reforms and focusing on upcoming employment data and inflation trends. If non-farm data is weak and inflation remains under control, it will significantly increase market expectations of an early rate cut. Bitunix analysts suggest taking advantage of the improving liquidity expectations for short-term gains in crypto assets. If BTC holds above $106,000, it could challenge the $110,000 resistance level. It is advised to trade with the trend but manage positions carefully, keeping an eye on non-farm data and June CPI performance. If there is a clear weakness, it will strengthen support for risk assets; otherwise, caution should be taken against downside risks. For the medium term, wait for clarity on Fed policy before making adjustments to positions.
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Link: Bitunix Analyst: Strong Performance of US Bonds Boosts Market's Early Bet on Rate Cuts, Crypto Sees Opportunity with Liquidity Expectations Improving [Copy]
