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FSG FX
A magical scene: The Fed raised interest rates last week, and institutions were still saying "maybe four to six more hikes are needed" to suppress inflation, yet the Nasdaq hit a new all-time high tonight, and $BTC kept pushing upward.
According to the old script, risk assets should shrink during a rate hike cycle. But with oil prices crashing and inflation expectations easing, the 10-year US Treasury yield fell back from above 5%, and the market immediately switched to risk-on mode, with risk
FSG FX
Please, stop bouncing, give it a chance!
Woke up to see $AKE soaring again, almost back near 0.06. Why is it so easy to pull back after a drop? Everyone says unlocking means selling, but that's just what people think; the whales definitely won't let it go as you wish.
Because if it were that easy, then $ALLO and $LAB would have behaved the same way—pulling up before unlocking and not selling even when the unlock day arrived, just like LAB stayed sideways around 15 during that period.
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