It should be said that I witnessed history last night.
Historically, a 50 basis point interest rate cut is indeed rare. It has only happened three times, all of which occurred in economic or market emergencies. For example, the technology bubble in January 2001, the financial crisis in September 2007, and the epidemic in March 2020. The Fed's 50 basis point interest rate cut this time may also mean that they believe that the current economic or market situation is more urgent and more forceful measures need to be taken.
As for the key position of the market, the big cake of $62,000 is indeed an important level. If you stand firm at this position, it is possible to continue to move upward. This is also a point that many investors are paying attention to.
Anyway, if you can't stand firm at 6.2, you can go short directly.
