At 2 a.m., the Federal Reserve announced the interest rate data. The Federal Reserve maintained the benchmark interest rate at 5.25%-5.50% for the eighth consecutive time, which was in line with market expectations.
Powell's speech was also ambiguous, but he was not a hawk.
Why did the market suddenly plummet? Is it true that all the speeches from Powell are bearish?
The overall market trend is still in line with the trend of BTC after passing the ETF. Other news that promote the rise can no longer suppress the market trend.
However, Powell also said that inflation will not be the main indicator to prevent interest rate cuts.
The expectation of interest rate cuts in September is getting bigger and bigger. CME Federal Reserve Observation: The probability of the Federal Reserve cutting interest rates in September is 100%.
In August, the interest rate cut event will be hyped in advance, and the market trend will also rise accordingly. However, Dabai thinks that the road to rise is definitely not smooth sailing. It will fall, rise, fall again, and rise again!
With such a large fluctuation in the market, you must pay attention to the risks and set a stop loss for the contract. You must force yourself to do so.
Don't lose confidence. Dabai will recharge your faith at any time. You will thank yourself for persisting until the market after the interest rate cut.
To deal with the current market, you must be more flexible. You can go long or short. Grasp the right opportunity.
Dabai will also adjust his understanding of the market at any time to share his order opening strategy.
Pay attention to Dabai's dynamics in time. I hope that Dabai's analysis will be helpful to all the fans who follow Dabai!
