Chinese crypto analyst Banmu Xia predicts a broad-based market rally following this week's Federal Reserve rate cut and balance sheet expansion. According to Banmu Xia, these measures will normalize liquidity, potentially leading to gains across US stocks, cryptocurrencies, and precious metals throughout December. He referenced his earlier analysis from November, suggesting that the Fed's actions will mirror those of October 2019, with significant easing anticipated by May next year.
Fed Rate Cut Expected to Boost Market Liquidity, Says Analyst
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