The current market basically is: whatever rises will fall back the same way! $BTC
The reason is actually simple. When the Federal Reserve announced its interest rate decision early this morning, it mentioned: interest rates are too high, and the balance sheet reduction has not stopped, resulting in a lack of liquidity in the market. Therefore, the market is just rebounding; #FederalReserve March interest rate decision. This rebound is due to the previous sharp fall, the Federal Reserve's interest rate decision, which was the biggest uncertainty, has landed, and some dormant bottom-fishing funds couldn't contain their fomo. However, the entire market lacks money; relying on some retail investors' bottom-fishing funds can only push it up a bit and then fall back down. #加密行情反弹
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The current market basically is: whatever rises will fall back the same way! $BTC
The reason is actually simple. When the Federal Reserve announced its interest rate decision early this morning, it mentioned: interest rates are too high, and the balance sheet reduction has not stopped, resulting in a lack of liquidity in the market. Therefore, the market is just rebounding; #FederalReserve March interest rate decision.
This rebound is due to the previous sharp fall, the Federal Reserve's interest rate decision, which was the biggest uncertainty, has landed, and some dormant bottom-fishing funds couldn't contain their fomo. However, the entire market lacks money; relying on some retail investors' bottom-fishing funds can only push it up a bit and then fall back down. #加密行情反弹