Family, I just stared at the latest interest rate forecast of #CME for a long time, and I really feel cold inside. The market now expects that the probability of the Federal Reserve maintaining interest rates in March is as high as 91%, while the probability of a rate cut is a pitiful 9%! This means that in the coming month, the monetary easing we are looking forward to is most likely out of reach, and we have to continue living through these tough times with high interest rates.
From our retail investor perspective, this is definitely not a good signal. If the Federal Reserve continues this high-pressure policy, the dilemma of dollar liquidity depletion we talked about earlier can't be fundamentally alleviated, which indicates that Bitcoin's rebound to 76,000 USD in the past few days is very likely just a short pause after the big shorts harvested 2.5 billion USD in leveraged positions, rather than the trend reversal we hope for.
In my personal view, we still need to maintain that damn patience. Since the possibility of a rate cut in March is negligible, we shouldn't clash head-on with the macro trends at this critical moment. I have decided to continue executing my defensive strategy, keeping a close eye on the institutional cost line of 84,000 USD and the macro bottom of 57,000 USD. Before a clear signal of monetary easing emerges, preserving our capital is the only way for us retail investors to survive in this cruel game. Family, doesn't this 91% probability also make you completely calm about this rebound? Let's share our thoughts in the comments section, how much longer do you think we have to endure?
