蟹老板的进击之路
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Powell can't change the bull market! Can we buy the dip now? Pay attention to the holidays with no liquidity later!
The result of the interest rate meeting in the early morning was a 25 basis point cut, but the market plummeted. Originally, the market would rise after the interest rate cut, but Powell's words led to the current situation. The liquidation line of long positions in contracts is most concentrated in the range of 98,000 to 104,000 US dollars, and the price of bitcoin has directly reached 98,500 US dollars.
With such a big drop, the explicit message from the market is that four interest rate cuts were originally expected in 2025, but now only two are expected next year. The Chairman of the Federal Reserve said: We are not allowed to own Bitcoin, and we do not want to change the law.
But you have to understand that they don't have the final say in the market. They also have to look at the data. They can say whatever they want, but they cannot make decisions casually. The decisions must be based on the data. How the interest rate cut will be next year still depends on various data.
With such a big drop, the explicit message from the market is that four interest rate cuts were originally expected in 2025, but now only two are expected next year. The Chairman of the Federal Reserve said: We are not allowed to own Bitcoin, and we do not want to change the law.
But you have to understand that they don't have the final say in the market. They also have to look at the data. They can say whatever they want, but they cannot make decisions casually. The decisions must be based on the data. How the interest rate cut will be next year still depends on various data.
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