3 a.m.: ECB President Christine Lagarde
4 a.m.: Fed's Powell
5am: Bank of England Governor Bailey
BTC is dropping to around 88,000, and the altcoins led by ETH are not following suit.
Don't take any chances, maybe the main force is doing this on purpose, or maybe they are waiting for Powell's speech in the early morning.
Powell emphasized the independence of the Federal Reserve, but if he does not take Trump's feelings into consideration, his term may be filled with criticism from Congress, led by Trump.
Therefore, Powell's speech this time should be more cautious than last time. Trump strengthens the dollar, while the voting committee led by Powell weakens the dollar.
Key points of next month’s interest rate meeting: 2025 dot plot, and expected 25bp rate cut or suspension of rate cut.
Europe and the UK are basically in sync with the Fed's actions
Near-month options are really cheap. A few days ago, ETH was 4 yuan per ETH at 3050
If the settlement price is lower than 3050 at 4 p.m. tomorrow, you will make a profit for every dollar drop. For example, if the closing price is 3000 at 4 p.m., you will make 50 yuan, and the cost is only 4 yuan per share.
It is most appropriate to open a contract and use options for hedging
If this wave of deep correction lasts until the end of the month and goes sideways next month, will the cottage industry be cut in half or go bullish?
