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Huobi blog 2024-07-12 02:26:00

Macro Research: Selling pressure gradually subsides, Bitcoin poised to strengthen upward momentum?

Over the past week, the market successfully absorbed the selling from various whales and managed to touch resistance levels. How will the next market movements unfold? Recently, weak U.S. economic data have heightened expectations of interest rate cuts. Federal Reserve Chairman Powell signaled dovishness during a two-day congressional hearing, reflecting signs of fatigue in the The post Macro Research: Selling pressure gradually subsides, Bitcoin poised to strengthen upward momentum? first appeared on HTX Square .

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