News list for " anand"
Deribit analyst Anand Raj released a report saying that the Federal Reserve may cut interest rates in September, which was hinted at by the meeting notes of the July meeting. At the same time, the inflow of funds into the US Bitcoin ETF increased, while the key $61,800 supply area may soon be breached after multiple tests. From a technical perspective, the key $61,800 supply area has been tested several times, and no significant pullback has been observed following these tests.
Deribit analyst Anand Raj released a report saying that Bitcoin is currently still under the control of the supply zone of $61,700. This has led to a break in the demand zone in the lower time frame. In addition, although the latest 13F document shows that major asset managers have exposure to the US Bitcoin spot ETF, bullish sentiment has not significantly improved. Therefore, the price of Bitcoin may continue to be subject to resistance in the supply zone in the higher time frame, indicating t...
