Bitcoin, Ethereum, Dogecoin rally after Fed hikes rates as expected: Why this analyst thinks it's a 'fakeout' rather than breakout
Bitcoin, Ethereum, Dogecoin rally after Fed hikes rates as expected: Why this analyst thinks it's a 'fakeout' rather than breakout
$Bitcoin(BTC.CC)$ traded higher and hovered just under the psychologically important $40,000 mark on Wednesday evening as the global cryptocurrency market cap shot up 5.5% to $1.8 trillion.
$比特币(BTC.CC)$周三晚间，随着全球加密货币市值飙升5.5%，至1.8万亿美元，交易价格上涨，并徘徊在略低于4万美元的重要心理关口。
| Coin | 24-hour | 7-day | Price |
|---|---|---|---|
| Bitcoin (CRYPTO: BTC) | 4.8% | 1.1% | $39,611.43 |
| Ethereum (CRYPTO: ETH) | 5.6% | 1.9% | $2,940.83 |
| Dogecoin (CRYPTO: DOGE) | 4.2% | -4.5% | $0.135 |
| 钱币 | 24小时 | 7天 | 价格 |
|---|---|---|---|
| 比特币(密码：BTC) | 4.8% | 1.1% | $39,611.43 |
| 以太(加密：ETH) | 5.6% | 1.9% | $2,940.83 |
| 道格考因(Dogecoin)(密码：Doge) | 4.2% | -4.5% | $0.135 |
| Cryptocurrency | 24-Hour % Change (+/-) | Price |
|---|---|---|
| Zilliqa (ZIL) | +39.1% | $0.095 |
| Waves (WAVES) | +30.1% | $15.64 |
| Tron (TRX) | +20.1% | $0.088 |
| 加密货币 | 24小时百分比更改(+/-) | 价格 |
|---|---|---|
| 兹利卡(Zil) | +39.1% | $0.095 |
| 波浪(海浪) | +30.1% | $15.64 |
| TRON(TRX) | +20.1% | $0.088 |
Why It Matters: The Federal Reserve voted unanimously to increase target fund rates by 0.5% on Wednesday. This is the first such rate hike since the turn of the millennium. The U.S. central bank will also start reducing the size of its balance sheet beginning June 1.
为什么这很重要：美联储周三一致投票决定将目标基金利率上调0.5%。这是世纪之交以来的首次加息。美联储还将从6月1日开始缩减资产负债表规模。
Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures."
- said the Federal Reserve in a statement.
通货膨胀率仍然居高不下，反映出与疫情相关的供需失衡、能源价格上涨以及更广泛的价格压力。
-美联储在一份声明中表示。
Investor sentiment was boosted during the Federal Reserve Chair Jerome Powell's news conference where he made it known that the bank was "not actively considering" a 75-basis point increase, according to a CNBC report.
美联储主席会议期间，投资者情绪受到提振杰罗姆·鲍威尔的根据CNBC的一篇报道，他在新闻发布会上表示，该行“并未积极考虑”加息75个基点。
The dollar fell to a one-week low after Powell's comments, with the dollar index, a measure of the greenback's strength against six of its peers, falling as low as 102.48, reported Reuters.
据路透社报道，鲍威尔发表评论后，美元跌至一周低点，美元指数跌至102.48。美元指数是衡量美元兑六种货币强弱的指标。
The improvement in sentiment on the cryptocurrency side was evident on Alternative.me's "Crypto Fear & Greed Index" which flashed "Fear" at press time. The index indicated "Extreme Fear" 24-hours prior.
在Alternative.me的“加密恐惧与贪婪指数”上，加密货币方面的情绪改善是显而易见的，该指数在发稿时闪现了“恐惧”。该指数显示了24小时前的“极度恐惧”。
OANDA senior market analyst Edward Moya said Powell has indicated that he can halt inflation without resorting to drastic measures.
OANDA高级市场分析师爱德华·莫亚赛义德·鲍威尔表示，他可以在不诉诸激烈措施的情况下遏制通胀。
U.S. stocks surged after Fed Chair Powell signaled he can slow inflation without triggering a recession. It seems risky assets can rally now that Wall Street has fully priced in the rest of the year's rate hikes by the Fed."
- said Moya, in a note seen by Benzinga.
美国股市飙升，此前美联储主席鲍威尔暗示，他可以在不引发经济衰退的情况下减缓通胀。现在看来，风险资产可以反弹了，因为华尔街已经完全消化了美联储今年剩余时间的加息。
-莫亚在Benzinga看到的一张纸条上说。
Cryptocurrency trader Michaël van de Poppe said the events of Wednesday were the "classic example" of "sell the rumor, buy the news."
加密货币交易员米夏埃尔·范德波普他说，周三的事件是“卖谣言，买新闻”的“典型例子”。
"Prices overreacting to the downside out of fear, and then the actual event takes place and the reaction says the opposite."
“出于恐惧，价格对下跌反应过度，然后实际情况就发生了，反应正好相反。”
Justin Bennett, a cryptocurrency trader, warned that Bitcoin breaking out could be deceptive.
贾斯汀·班尼特一位加密货币交易员警告称，比特币的爆发可能具有欺骗性。
I wouldn't be surprised to see this turn into a fakeout. It's not a move I would trust."
- said Bennett on Twitter.
如果看到这一切演变成一场骗局，我不会感到惊讶。这是我不会相信的举动。
-班尼特在推特上说。
Chartist Ali Martinez said the number of new addresses created on BTC's network as its price dropped from $43,000 to $37,5000 recently rose to 422,000.
航海家阿里巴巴-SW·马丁内斯表示，随着比特币价格从43,000美元降至37,000美元，其网络上创建的新地址数量最近上升到422,000个。
It suggests an increase in user adoption, which can result in a bullish breakout."
- tweeted Martinez.
它表明用户采用率的增加，这可能会导致看涨突破。
-马丁内斯在推特上写道。
