Several reasons for the sharp drop in #SATS

1️⃣The Federal Reserve suddenly announced that the original three interest rate cuts would be reduced to one. The expected discount of the interest rate cut was too large, which led to a direct plunge, but it does not mean that there is no confidence.

2️⃣The three major US stock indexes fell collectively, with the Dow Jones Industrial Average falling by 1.24%, the Nasdaq falling by 1.62%, and the S&P 500 falling by 1.45%. Popular technology stocks fell across the board, with Nvidia, Tesla, and Meta falling by more than 2%, and Microsoft and Google falling by more than 1%, directly leading to the collapse of the currency circle.

3️⃣Bitcoin will be halved in one week, and the positive cashing will turn into negative.

Don't be discouraged. The sharp drop is not a big trend at all. After the fall and stabilization, it is a good opportunity to buy the bottom in batches. Sooner or later, it will rise back. Spot bears the pain for a while, and does not open the exchange in the near future. The number of coins