News list for "Unlikely"
According to market news: CryptoQuant CEO Ki Young Ju said that if Strategy ($MSTR) continues to hold its 650,000 bitcoins, bitcoin is unlikely to see a major correction during this cycle, and any downside may be limited to sideways consolidation.
Lyn Alden, a macroeconomist, said a major crash in bitcoin and the cryptocurrency market as a whole was unlikely at the moment. "We have not yet reached mania levels in this cycle; therefore, there is no reason to expect a large-scale sell-off." Lyn Alden also dismissed the notion that the four-year cycle was still valid: "This cycle is likely to last longer than people expect because it is not driven by the halving, but by broader macroeconomic factors and interest in cryptocurrencies themselve...
The euro's top divergence is looming, but it may still fall back after breaking through; the pound is seriously overbought in the short term, and it is unlikely to hit this resistance level quickly... The technical strategies of the five major currency pairs are fully updated, and the foreign exchange market navigation will take you to judge the market direction!
In his speech, Shinichi Uchida, deputy governor of the Bank of Japan, suggested that the base rate would still be gradually raised, which may calm speculation about an early rate hike. "If the economic outlook materializes, the Bank of Japan will continue to raise policy rates and adjust the degree of monetary easing accordingly," Mr. Uchida said in a speech to business leaders on Wednesday. "The key point of the outlook in this regard is that the central bank is expected to achieve 2%...
Standard Chartered believes that OPEC + is unlikely to give in to Trump's pressure. Click to view...
Investment bank TD Cowen said it expects the legal battle between Consensys and the SEC to continue for several years, and they still believe the SEC is unlikely to approve a spot Ethereum ETF before 2025.
