According to BlockBeats, Chinese crypto analyst Ban Mu Xia recently expressed concerns about the ongoing AI bubble and its impact on market valuations. He noted that worries over Japan's interest rate hikes have contributed to market stagnation, with these concerns nearing full pricing. Meanwhile, the Federal Reserve has begun expanding its balance sheet, improving liquidity conditions. The analyst highlighted that the recent non-farm payroll data was neither overly positive nor negative, which has expanded the potential for interest rate cuts without causing a trading recession
source: https://www.binance.com/en/square/post/33858163994393?utm_source=BinanceNewsRSS