Hey, speaking of the Fed's interest rate announcement at 3 a.m., my personal opinion is that there is a high possibility of a 25 basis point rate cut! Although the current monetary policy decision may be disrupted by the election, it still depends on the data. Look, the inflation rate, unemployment rate, and whether the entire economy is stable are all calling for a rate cut!
If the rate is really cut by 25 basis points, the BTC market will be very happy! Although the dot plot will not be released until December and will not have much impact in November, the market may be bolder because of this.
Powell will speak at 3:30, so you have to watch with wide eyes. Trump's election and power transfer, Powell must be in a big headache, because Trump has been scolding the Fed and Powell all the time when he was in office. The media may throw out some headaches. #美联储利率决议来袭 🔥🔥🔥🔥🔥🔥🔥#特朗普加密政策承诺 $BTC $ETH