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No rate hike = Big positive? Market: Don’t be naive, I’ve already priced it in
The probability of no rate hike in April skyrocketed to 98%, sounds very stable.
But the problem is—
The market already knew.
It’s like you already know the answers before the exam; the real determinant of victory or defeat isn’t the answers, but whether “others knew earlier.”
So, there’s a very interesting phenomenon in the current market:
✔ Positive news landing ≠ Rising
✔ Positive news being realized = Possibly falling
Because funds have already entered in advance.
Jerome Powell’s current situation is also quite delicate:
👉 No rate hike is the consensus
👉 But when to cut rates is the key
The market is not really betting on “now,” but on “the future path.”
In one sentence:
Holding rates steady makes the market more anxious.
#大摩比特币现货ETF上市