Let me share my personal views on the upcoming interest rate cut

📍First, why did the cryptocurrency market fall sharply after the interest rate cut? Because when the interest rate cut occurs, the US economy generally enters a recession cycle, and the interest rate cut is actually a measure to slow down the recession, so when the interest rate cut comes, the economic crisis has actually arrived

📍Second, I think it is worth thinking about whether Bitcoin will rise or fall after the interest rate cut, or at least wait and see, because you can say that Bitcoin will fall after the economic recession and the interest rate cut, but from another perspective, Bitcoin is a financial product that is negatively correlated with the strength of the US dollar, that is, Bitcoin is weak when the US dollar is strong, and Bitcoin is strong when the US dollar is weak. In fact, the biggest problem in the cryptocurrency market is that there is less capital inflow, and the interest rate cut will actually bring a lot of investment funds. So the impact of the interest rate cut on Bitcoin is whether it will rise or fall. I think it is something that everyone should not make a conclusion and should be treated with caution.