TechFlow news, November 3 — Federal Reserve Governor Christopher Waller sent another "dovish" signal last Friday, suggesting that interest rates should continue to be cut in December to address slowing employment and declining inflation. However, the market did not turn optimistic as a result. Bitcoin's short-term rebound lacked strength. BiyaPay analysts believe that consecutive rate cuts cannot resolve structural economic issues and may instead trigger risk-averse capital flows and profit-taking.
Rate cuts often imply a weaker dollar and looser liquidity, but if growth expectations remain weak, crypto assets will still face downward pressure. Institutional data shows that BTC long positions are continuously decreasing while shorts are increasing their bets, potentially leading to another downturn in the near term.
At this moment,稳健 operation is key. BiyaPay supports USDT remittances in multiple currencies including USD, EUR, and HKD, offers 0-fee spot contract trading, and allows USDT-based trading of U.S. stocks, Hong Kong stocks, and futures—helping you capture more stable opportunities amid volatility.
