The market continued to fluctuate and clean up in August, the interest rate was cut in September, and it soared in October!
Everyone should have noticed how fast the non-farm data in June and July fell.
The market seems to have felt the certainty of the interest rate cut in September. Next, it depends on the interest rate cut in September. Will there be two interest rate cuts this year?
The market's positives have almost all been realized now, from the ETF approval in January to the BTC halving in April, and then to the approval of the Ethereum ETF. Now the only thing left is the interest rate cut.
After the positive interest rate cut in September is realized, if the market still does not move, everyone needs to be careful, there is a high possibility that a big black swan will come. Then it will rise, and everything will start from scratch. The current market has become less sensitive to good news. Even if the positive side is far greater than expected, the market's movement is mostly static or directly reversed.
In fact, the real reason is that the last operation has been consumed in advance, and the market will continue to start the wash-out shock mode in August. It is recommended that all fans make preparations in advance, mainly short-term trading in the near future, and long-term holders should pay attention to the macro news and be alert to the market continuing to launch black swan events!
