Yesterday, the CPI was released, and it was announced to be 2.5%, and the expected 2.6%. It was lower than expected, which was good news.
Some big investors still wanted to sell out due to the inertia of good news. Unexpectedly, the deep V reversal threw them away. Those who shorted or sold at a loss last week broke their thighs!
All important economic data before the Fed's first rate cut have been released. The conclusion is that inflation continues to cool down, the economy may be in recession, and interest rates must be cut.
Next Thursday, September 19, at 2:00 am, the Fed's interest rate decision will decide whether to cut interest rates by 25 basis points or 50 basis points.
In addition, there may be two more rate cuts this year.
Yesterday, I reminded my brothers that the big one is coming, so hold on to the high-quality assets in your hands. The current position is controlled at 60%, and you can consider adding some positions below this position. Family members, this rebound must be on the car!
BNB will soon break through $550. CZ is going to get out of prison and make trouble. There is no problem returning to $600.
As we have analyzed before, after CZ was released from prison, he can’t manage Binance on the surface, but CZ is still the largest shareholder of Binance and has the final say on life and death. Before CZ went to prison, he attached great importance to education, and after he was released, he will vigorously promote education. You can pay attention to Binance’s education section.