Analysis: ETH and Treasury yields are strongly correlated, and the bull market for counterfeit products will start from the next interest rate meeting
2024-10-18 17:04:13
Michael van de Poppe, founder of MN Trading, said that there is a huge correlation between ETH and Treasury yields. Initial rate cut of 50 basis points = ETH up 11%; Sentiment swaps + rising yields = ETH down; Expect the bull market of counterfeit products to start with the next Fed meeting rate cut.
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