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📅 Event Time: Dec 30, 2024, 07:00 AM - Jan
On January 20, 2025, President Trump is about to take office. During the transition period between the old and new presidents, whether Trump's campaign promises can be fulfilled has become a key factor for traders to bet on. Regardless of how good Trump's policies are, the lingering issue of the US national debt, which has already reached 36 trillion US dollars, cannot be ignored. In addition, the frequency of interest rate cuts by the Federal Reserve in 2025 may decrease, at least that's what the Federal Reserve has stated. Will the economy follow the path predicted by the Federal Reserve? High inflation may hit the United States again, and actively devaluing the US dollar is already a trend. Otherwise, the US economy will only worsen, let alone recover. The encryption market has been experiencing large fluctuations in the past two weeks, and it needs to reevaluate Bitcoin in light of the new US president and policies.
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Currently, the overall market is still in the low liquidity period of the Christmas and New Year holidays. Although the US stock market was a bit lively last night, it did not provide a significant rebound momentum. Some local markets are experiencing a rebound, but the rebound strength is weakening continuously. Therefore, the future market will further expand the adjustment space. Pay attention to the volatility range at the end of the week and the weekend. The beginning of January 2025 may bring us a surprise!