Express
Analyst: Rate Cut Expectations Rise in Resonance with SEC New Policies, Market Sentiment Improves
Summary: According to The Block, Vincent Liu, Chief Investment Officer of Kronos Research, stated that amidst macro uncertainty and institutional buying, the current market shows cautious optimism. Fear and Greed Indexes are leaning towards greed, with whale buying and rate cut expectations driving traders to reallocate risk assets. Investors are focusing on the US July CPI ...
According to The Block, Vincent Liu, Chief Investment Officer of Kronos Research, stated that amidst macro uncertainty and institutional buying, the current market shows cautious optimism. Fear and Greed Indexes are leaning towards greed, with whale buying and rate cut expectations driving traders to reallocate risk assets. Investors are focusing on the US July CPI data to be released on August 12 as a key indicator for the next rate hike or cut decision. Despite the Fed maintaining rates at the July FOMC meeting, Powell stated that a September rate cut still depends on economic data. However, CME FedWatch data shows that the market expects over an 80% probability of a 0.25% rate cut. Additionally, Liu believes that the SEC's Project Crypto may benefit the market in the medium to long term. This project aims to clarify token classifications and introduce DeFi innovation exemptions, reducing regulatory uncertainty, driving DeFi growth, and enhancing market confidence.
Tags:
Link: Analyst: Rate Cut Expectations Rise in Resonance with SEC New Policies, Market Sentiment Improves [Copy]
