Powell can't change the bull market! Every major drop is a great opportunity to buy!

The interest rate decision result at midnight was a cut of 25 basis points, but the market dropped significantly. Normally, after a rate cut, we see an increase, but Powell's statement has led to the current situation. The clearing line for long positions in contracts is most concentrated in the range of 98,000 to 104,000 USD, while the price of Bitcoin has directly dropped to 96,500 USD.

With such a significant drop, the market's explicit information indicates that the originally expected four rate cuts in 2025 are now anticipated to be only two cuts next year. The Federal Reserve Chairman said: We are not allowed to own Bitcoin and do not wish to change the law.