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Recently, the Bitcoin market has shown slight fluctuations, leading to a general sense of fatigue among investors. The turnover rate is not high, mainly dominated by short-term investors in market speculation. In contrast, the holdings of early investors remain relatively stable, indicating that the impact of economic recession is mainly concentrated among the short-term investment group. Long-term investors have not shown any obvious signs of panic, whether from a cost or psychological perspective.
This week the market has spent in this chaotic state. Although the possibility of interest rate cuts in September is relatively high, the market's interpretation of this is more critical. If the market believes that the upcoming rate cuts can effectively alleviate economic downward pressure, then investment sentiment may turn optimistic. Conversely, pessimistic sentiment may intensify. In this game, Trump's words and actions may become an important factor influencing market sentiment, as the current situation is essentially a contest between Trump and the Federal Reserve.
From the market reaction after the US stock market closed, investor sentiment seems to have eased, which is a positive sign for the upcoming weekend. If market sentiment is too intense, coupled with extremely low liquidity during the weekend, it could trigger greater price fluctuations, bringing unnecessary pressure to investors. Currently, what the market needs most is a relative stability of sentiment to ensure a smooth weekend trading environment.