In the third quarter, the US stock market has shown signs of a technical correction, and the market value of the seven leading companies has evaporated by trillions. The passage of ETFs forces us to pay attention to the development of the global economy, especially the United States. The correlation between the currency circle and the US and even the global economy is getting stronger and stronger. The decline of US stocks should have caused Bitcoin to fall further, but because of the Trump incident and the Bitcoin conference, it has rekindled the rise. At this time, we should remain calm and vigilant. Individual events and news can cause a short-term rise, but in the long run, we still need to pay attention to the overall environment.

The US dollar index has fallen below 104, which is the inevitable result of the release of the expectation of interest rate cuts. It is impossible to cut interest rates this year, but there is a possibility of raising interest rates. The internal logic has been deeply analyzed in the previous article, and you can read it.

The market is likely to fluctuate downward over the weekend. After the momentum rise, the shock repair indicator. Americans rest on weekends.