A social platform has tightened its control over the Web3 circle, and my "The Last Piece of Pure Land" has become an inevitable place.
The interest rate cut decision will be announced at 2:00 am on September 19th, Beijing time, and is expected to be 5.25%, which is lower than the previous value of 5.5%, which is a positive data on the market.
I also analyzed the trend sharing of $BTC in 9月12日的视频, which has been basically verified. After the rebound trend is verified, the next direction must be bullish, but the new high this year may not necessarily come, because there are still two interest rate cut decisions that have not been announced, although the sentiment for interest rate cuts is relatively high.
However, after this interest rate cut, there is a high possibility of another correction, and a new wave of surges will appear in the cottage market, and the mutual blood-sucking market will be seen again.
At present, my view is that the pressure position at the current position may appear before the interest rate cut is announced. A strong correction may occur to clean up the leverage again, and both long and short positions may be washed out, so it is not recommended to open contracts with high multiples in the short term.
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