It is 3:00 am on the 8th Beijing time. The Federal Reserve will make an interest rate decision on November 7, and it is expected to cut interest rates by 0.25%.
Is it expected to cut interest rates by 0.25% tonight, or will it be a surprise cut of 0.50% to start a violent bull market?
Or will it not cut interest rates directly, and the market will start a big correction directly?
Before the interest rate decision is released tomorrow, everyone recommends short positions and wait and see.
Summary:
The market will go sideways after a 0.25% interest rate cut, and will slowly correct.
A 0.5% interest rate cut will directly open 80,000.
No interest rate cut will directly correct.
It is recommended that everyone go to bed late tonight, or set the alarm clock at 3 am.
There is a needle in the interest rate cut meeting tonight, so please pay attention to safety.
To be honest, no one knows whether the interest rate will be lowered or not. I won't make a conclusion rashly. Even if the square kol is right, it's just a guess (unless the Fed has relatives).
Special mention
Fans told me that they lost 70,000 dollars due to rumors from other bloggers:
I find it ridiculous that bloggers always say that the price of Bitcoin will reach 100,000. Aren't you just harming people? I personally think that it will reach 100,000, but it will take a long time, not just one or two days. Now that Bitcoin has reached this height, if you still talk about 100,000, then many contract players will be killed.
Everyone should look at the market rationally. The market has come step by step. First, Bitcoin reached 50,000, then 60,000, and then 70,000. No one can see the end at a glance. There is no need to talk about 100,000 if it is less than 90,000, otherwise it will kill people.
