The Federal Reserve meeting minutes are released again ⚠️Expectations for a rate cut in September continue to rise‼ ️
Today's US stock index may become the key to the market. What effective information will Powell convey in his speech in 30 minutes⁉️
First of all, I personally think that Powell's speech will continue to play Tai Chi and will not announce any substantive content. However, although the Fed's interest rate cut is not announced, it is a dead duck mouth hard, in order to maintain the strength of the US dollar and the inherent behavior of global hegemony
The interest rate cut is definitely on the way and will start soon. It will start in September at the earliest and mid-November at the latest. The US world hegemony needs stability, but the domestic economy is more important. Such a high interest rate is not suitable for the long-term development of the US economy
There are still many people who are concerned about whether the interest rate cut will bring about a big plunge in the currency circle and then form a bull market. I personally think that this round of decline to 48,000 is already a wash, and the current price of Bitcoin is 61,000. It only needs 16% of the previous high. It is not uncommon for the bull to turn back. The market pessimism is mainly because everyone has bought too many copycats, so I still have my point of view. If you have the technology and ability, you can do Bitcoin and Ethereum contracts. If you don’t have the ability, you will buy copycats and be harvested‼ ️
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