According to a chart published by CryptoQuant analyst @AxelAdlerJr, Bitcoin (BTC) is currently retracting 12.8% from its all-time high (ATH). In this bull market, pullbacks after local peaks are mostly concentrated in the -10% to -18% range, while deeper pullbacks usually extend to -20% to -30%. The current -12.8% retracement is closer to the moderate zone, which is consistent with the repair/consolidation phase rather than a full-blown sell-off.
Mild inflation data ignited market optimism, with the Federal Reserve's interest rate cut expectations dominating the market. Click to view...
The Japanese government maintains that its economy is recovering modestly, but points to U.S. trade policy as a key factor to watch as Trump's proposed tariffs create uncertainty about the economic outlook. In its monthly economic report for February, the Cabinet Office maintained its assessment of the overall economy unchanged for the seventh month in a row, as persistent inflation, particularly for everyday goods, weakened consumption. The Japanese Cabinet Office also mentioned the need to kee...
1. The central bank's "balance sheet reduction" does not hinder the moderate easing of monetary policy. 2. Hong Kong Monetary Authority: The Ministry of Finance will issue 12.50 billion RMB government bonds in Hong Kong. 3. The cost of capital continues to decline, and the financing demand for securities companies to issue bonds continues to cool. 4. The proportion of bonds issued by private real estate enterprises increased in January, and the financing support policy continued to be implemente...
On January 26th, the China Securities Supervision Commission issued the "Action Plan for Promoting the High-Quality Development of Indexed Investment in Capital Markets". It proposes to reduce the investment cost of index funds. Continue to waive the annual listing fee for ETFs, promote the reduction or reduction of ETF market making, registration and settlement, index use and other fees, and continue to reduce the operating costs of index funds. Guide industry institutions to reduce the managem...
On November 9th, according to the news released by Zhejiang, on the morning of the 9th, Wang Hao, Secretary of the Zhejiang Provincial Party Committee and Governor of Zhejiang Province, presided over a special meeting to study and deploy the work of accelerating the construction and innovation of Zhejiang and vigorously developing new quality productivity according to local conditions. The meeting emphasized that it is necessary to refine and improve the implementation plan and 2025 work plan fo...
Federal Reserve Kashkari: Further "modest" interest rate cuts seem appropriate, and the future direction of monetary policy will be driven by data and economic performance.
CBOT corn found moderate support at the close, with bulls successfully holding above this week's key support levels, leaving room for a rebound next week.
Federal Reserve Beige Book: Overall, prices rose moderately during the most recent reporting period.
Federal Reserve Musallam: Monetary policy is in a state of moderate tightening.