Before an interest rate cut is confirmed whether it will be lowered or not, it is regarded as expected to be good... So before it happens, it is also regarded as expected...
Because interest rate cuts will lead to water injection, more money will come to the currency circle...
But if it doesn’t drop, it will turn from good to bad. Although it will not reach the level of raising interest rates... it will definitely cause prices to fall further...
The correction before the halving will definitely be much less than the correction after the halving...
This was good news before the halving, but the selling pressure from miners after the halving will become bad news...
so….
This is not over yet...guess 6w is the bottom of this round...I still feel too optimistic...