Greeks.live: Various resolutions are favorable for the macro market, and Bitcoin is expected to challenge $110,000 this week
ChainCatcher news, Greeks.live macro researcher Adam stated that this Thursday, the Federal Reserve, the Bank of England, and the Bank of Japan will successively announce their interest rate decisions. The market unanimously expects a 25% rate cut from the Federal Reserve, while the Bank of Japan has a 20% chance of raising rates this week, which is of greater concern to the market. The recent severe depreciation of the yen has put significant pressure on the Bank of Japan to raise rates. As the main target in the foreign exchange arbitrage market, a rate hike will inevitably bring liquidity pressure to the market.It is highly likely that all decisions will be favorable for the macro market, and there is hope for a surge to $110,000 this week. The main players in the options market are also increasing their positions in options for the end of the year, targeting $110,000 to $120,000.