what's going on with crypto right now, Overview

-although the benefits released by the two major economic conferences before the end of the year have been exhausted, the expectation of interest rate cuts and RRR cuts in December is still there. As long as there are "new cakes", funds will not easily retreat. Therefore, short-term funds took the opportunity to cash out, but this round of rebound will not end there.-Last night, the European Central Bank announced that it would cut three key interest rates by 25 basis points, and cut interest rates for the fourth time this year. The Swiss National Bank has become the "Depth Charge", announcing a one-time interest rate cut of 50 basis points, moving closer to the goal of returning to zero interest rate.-On the A-share market, there was a smash at the beginning of the market, especially when the heavyweights such as finance and real estate, which were among the top gainers, collectively fell, which had a great drag on the market index and hit the confidence of the market.

Short-term funds took the opportunity to cash out, and this round of rebound is over?-Last night, the European Central Bank announced that it would cut three key interest rates by 25 basis points, and cut interest rates for the fourth time this year. The Swiss National Bank has become the "Depth Charge", announcing a one-time interest rate cut of 50 basis points, moving closer to the goal of returning to zero interest rate.

-Last night, the European Central Bank announced that it would cut three key interest rates by 25 basis points, and cut interest rates for the fourth time this year. The Swiss National Bank has become the "Depth Charge", announcing a one-time interest rate cut of 50 basis points, moving closer to the goal of returning to zero interest rate.-although the benefits released by the two major economic conferences before the end of the year have been exhausted, the expectation of interest rate cuts and RRR cuts in December is still there. As long as there are "new cakes", funds will not easily retreat. Therefore, short-term funds took the opportunity to cash out, but this round of rebound will not end there.