Last night, the market experienced a big drop. The key factor this time was that the Federal Reserve unexpectedly adjusted its interest rate cut expectations, reducing the original three interest rate cuts to one. This major adjustment caused a serious plunge in market expectations. However, this does not mean that we should lose confidence in the market. Adjust your mentality and listen to my analysis. First of all, the three major indexes of the US stock market were hit hard at the same time. The Dow Jones Index fell 1.24%, the Nasdaq fell 1.62%, and the S&P 500 fell 1.45%. Even technology stocks suffered a decline, with Nvidia, Tesla and Meta falling more than 2%, and Microsoft and Google also falling more than 1%. This series of stock market declines also suffered a direct impact on the cryptocurrency market. Bitcoin is about to complete the halving in 7 days. It was originally regarded as good news, but it became a negative factor, further affecting the high sentiment of coin holders towards the market. In the face of market turmoil, there is no need to be pessimistic. A big drop does not change the overall trend. After the company stabilizes, it is a good time to buy the bottom in batches! ! The market will resume rising, and you must maintain a good mentality. Spot investors need to endure the pain for a while, not often visit the exchange, and the amount of coins will not decrease. But contract investors need to be careful of the risk of liquidation. Calmness and patience are key.
Playing contracts, listen carefully: liquidation is only temporary, and you will get more and more liquidations in the future
You will be happy only when your account balance is zero, and dogs don’t play contracts
