PANews reported on October 14th that Chloe, a researcher at HTX Research, published a column in HTX DeepThink analyzing the intense macroeconomic events this week, including speeches by several Federal Reserve officials, the release of the Beige Book, and September US PPI and retail sales data. These signals will anchor expectations for the pace of easing this year. Current FedWatch data indicates that the market is betting on one or two more rate cuts this year, putting temporary pressure on the US dollar and increasing the valuation flexibility of risky assets.
In the crypto market, Bitcoin's leverage ratio has fallen significantly from its monthly high, reducing risk exposure and signaling a healthy deleveraging phase for the market, accumulating momentum for a subsequent rebound. BTC is expected to fluctuate between $108,000 and $118,000 over the next one to two weeks, establishing a new platform.
