🎁Merry Christmas, always a drop during festivals📉📉
The interest rate cut is accompanied by the Federal Reserve clearly stating that it will not hold cryptocurrency B, the market reacted quickly, and as expected, there is always a drop during festivals.
We must respect market rules, and we are entering a consolidation period. Fortunately, I took profits and liquidated some altcoins, just waiting to buy quality assets or those with clear bullish news at the bottom. There’s no need to panic with mainstream assets; buying them will always be profitable. With altcoins, ensure profits aren't lost, there's no need for faith.
This wave of sharp decline belongs to hard selling, no one could predict what was said, it was a calamity that affected not only retail investors but even Wall Street had to brace for it.
Two main points:
First: there is no expectation of interest rate cuts next year, at most there might be two cuts.
Second: the Federal Reserve is not allowed to hold Bitcoin (this is specifically aimed at troubling the crypto sphere).
But don't worry, the Federal Reserve holding Bitcoin and Trump considering it as a strategic reserve has no impact.
Looking at the ETF data, there has been no impact on the large net inflows, indicating that Wall Street still sees this plunge as an opportunity to enter, and as always, for retail investors, a pullback is the opportunity to get in. Don’t be afraid, go boldly.
Recently very popular Elon Musk-themed Dogecoin puppies, with huge potential for the future, worth looking forward to!
