Last night's big event, Fed Chairman Powell spoke

Emphasizing that the overall U.S. economy still has a solid foundation

Throwing some cold water on the substantial interest rate cut, the original words were

"If the economic trend is roughly in line with expectations, the policy will gradually shift to a more neutral stance"

Neutral policy refers to a policy that neither stimulates nor hinders the economy, and is not a large-scale water release policy

Powell's speech reminds us to be cautious

This Friday, October 4th at 8:30 pm, the September unemployment rate and non-farm data will be announced

If the subsequent non-farm employment data exceeds expectations

And also shows a strong economy and high inflation, then the currency circle will not rise so smoothly

The current global monetary policy has taken a big turn, and interest rates continue to fall

Traditional savings returns can no longer meet people's expectations

The general trend is bullish,

But we also follow Powell's speech and lower expectations for economic speed

Whether BTC can break 80,000 by the end of the year is not too certain at the moment $BTC $ETH $BNB