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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
2025.9.16 10:57 AM BTC/ETH market analysis
The interest rate cut is imminent, officially announced at 2:00 AM on the 18th. The market is increasingly struggling, and the current market expectation for a 25 basis point cut has reached 96%, while the probability of a 50 basis point cut is around 35%. Old Trump is still constantly hinting that Old Powell must cut rates much more than his expectations. Currently, the market's various non-farm data, CPI/PPI/PCE, etc., all support a rate cut. If Old Powell cuts rates, it will still be independent and autonomous. If Old Powell continues not to cut rates, it would be in deliberate opposition to Old Trump, as all the current data supports a cut. If Old Powell still does not cut, it will only be a matter of decision-making between Old Trump and Old Powell!
BTC attention
Support 113575/111950
Pressure 119161
The performance of BTC at this moment is quite strong, even touching 115500 again in the early morning. The trend remains as the top performer! The first support level, if there’s a chance today or tomorrow, a 1% short position should be an easy entry with eyes closed, after all, tomorrow night is the critical moment, and Wednesday night to Thursday early morning is the time for the interest rate announcement. Today's market suppression and drop are definitely creating space for tomorrow's interest rate!
ETH Attention
Support 4415/4290/4105
No pressure
The reason for not applying pressure is that once it breaks out, it can easily surpass 4730. Don't be fooled by its current weakness, but don't forget the explosive rise of over 200 dollars last Friday; if there is an opportunity for support in the next couple of days, it's advisable to take bold positions in small amounts and in batches, consistent with BTC. The strategy is to speculate on a long position before the interest rate cut, and the market's explosive rise before and after the rate cut. Although the risk is high, the potential reward is also significant. One can only say that if the opportunity arises, it is better to take the loss than to miss out!
In terms of operations: BTC and ETH are unyielding. For spot trading, look for those that have stabilized around the daily KMA60/MA120 or those that are currently testing and confirming support after a breakout, especially for new coins and those that have been hot within the past year. If you're uncertain, feel free to leave a message, and I'll do my best to assist you!
#BTC# #ETH# #GT# #XRP ETF Goes Live# #Fed Rate Cut Ahead#