Opinion: The market is over-betting on the Federal Reserve's interest rate cut.
According to Jin10 reports, the market may be too quick in betting on a rate cut by the Federal Reserve and overly sensitive towards a rate hike from the Bank of Japan. Non-farm payroll data is not equivalent to inflation data, so this week's CPI should be closely watched.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Michael Saylor: Strategy will only sell its bitcoin holdings if bitcoin falls below $10,000
Data: Hyperliquid platform whales currently hold $5.866 billions in positions, with a long-short ratio of 0.89.
A trader increased their SOL short position to $53 million, with an unrealized profit of $11.5 million.
Trending news
MoreCrypto prices
More
