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Additionally, the RSI is currently at 0, which is generally considered oversold, suggesting that the price has fallen too rapidly and might be poised for a bounce or upward correction.
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Interest rate decisions by major central banks such as the Federal Reserve are significant macroeconomic events impacting global financial markets, directly influencing market liquidity expectations and risk appetite. As the cryptocurrency market continues to develop and its trading structure and participants mature, the crypto market is gradually being incorporated into the macroeconomic pricing system.
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