As the Fed’s anticipated rate cut approaches, we’re likely to see a sharp market downturn. It’s crucial to place your futures orders with extreme caution and always use a stop loss. This is also a prime opportunity to focus on spot trading. Keep in mind that the Fed meeting is set for the 18th, so expect increased volatility leading up to and during this period. However, if the rate cut doesn’t materialize and the market drops, be ready to sell immediately and convert to USDT or exit your positions. We’re hoping for at least a 50 basis point cut. Share this with those you care about!
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