Meeting minutes, #BTC fell first (I)

My articles are updated after 19:00 every day. During the day, I have to analyze a lot of macro information, exercise, and play with my children, so I am too lazy to share articles during the day.

Let's get back to the point:

It was still calm before going to bed last night. When I opened my eyes this morning, I saw a negative line. I quickly looked at the copy account. The trader had opened a small long position before, and the position was not closed with a slight loss.

The result was very satisfactory. The long position stopped loss, and the reverse hand shorted BCH, LTC, UNI, BTC, and ETH made a profit! I have to praise the traders of the team here. They worked hard and watched the market 24 hours a day.

The main reason for the decline was the minutes of the Federal Reserve meeting this morning. At present, inflation is still higher than the Fed's long-term expectations, and the labor market is tight. It is believed that there is a significant upside risk of inflation and further tightening of monetary policy is needed. Just one sentence is enough, and the risk market immediately responded, and the probability of another interest rate hike in September and November increased.

Free follow-up, rise together🚀

#A9社区 Trend Trading Team