Phyrex|Dec 06, 2025 16:37
The sentiment over the weekend was decent. Although BTC's price did not stabilize above $90000, compared to Friday's downward trend, Saturday's stability is good. The liquidity over the weekend was already low like a dog, and if the sentiment slightly collapsed, the price would plummet. There has been no obvious negative information since Friday, and this has been the case recently, mainly due to investors' expectations for the Federal Reserve.
When I was reading the information during the day today, I noticed that American investors were starting to anticipate a rate cut in January. However, apart from the expected rate cut by the Federal Reserve in December, there were no other positive news in the market, and there was no obvious sign of liquidity recovery. We may have to wait and see, but what is certain is that the current dominant factor in the rise and fall is still the Federal Reserve's monetary policy.
Next week is the interest rate meeting. The probability of CME cutting interest rates in December is 86.2%, and the probability of Polymarket has exceeded 90%. After Williams' speech, the probability of a rate cut in December should be high. The next key point is the dot matrix.
Looking back at the data of Bitcoin, there has been a significant increase in turnover rate, which should be due to the unstable emotions of short-term investors. It can be clearly seen that most of the investors who have changed hands are those who have been buying at the bottom in recent days, while earlier investors are still quite calm.
Although the price is not stable, the chip structure is still good, especially for investors who are stuck at the top and have not experienced large-scale reductions or signs of panic. Therefore, the overall investor sentiment is still good, which is similar to June and July 2024.
The key is to wait for next week's interest rate meeting, take a look at the dot matrix, look at Powell's speech, and it is estimated that Japan will also raise interest rates in December. There is also a lot of macro data, which makes it headache to think about.
Bitget VIP, Lower rates and more generous benefits
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink