Is this crazy Does Bank of America predict that the Federal Reserve will raise interest rates three times this year? ❗ ️ I believe that the Bank of America's "three rate hike" is the most hawkish fringe view on Wall Street, not the benchmark scenario. Raising interest rates twice (50 basis points) is more in line with the current market consensus, while raising interest rates three times requires sustained strong economic data and the strongest stance from Walsh - these two conditions are unlikely to hold simultaneously in the short term. For BTC, the expected path of interest rate hikes has shifted from 'no rate hike' to 'possible two increases', which is already bearish. The market is repricing this expectation, which is also the macro background of the recent strengthening of the US dollar and pressure on risk assets. But the probability of the extreme scenario of "three interest rate hikes" is really not high. Even if there are two interest rate hikes, the price trend of Bitcoin in the future is still very unfavorable,. So, our medium-term trading strategy is still: short Bitcoin and Ethereum when they rebound below 68000, first look at 55000, then rebound to 60000 and continue short until around 45000.