September 18, BTC

Regardless of whether the interest rate is cut by 50% or 25% tonight, the upward trend has been formed. In fact, short-term fluctuations can be ignored. The Mid-Autumn Festival holiday has reached around 5w7 in three days. I am not worried at all. The reason is that whether it is upward or downward in the short term, it will eventually return. Trend, as expected, it returned to above 6w after the holiday, filling the gap of the previous few days.

Let’s talk about the FOMC interest rate meeting at two o’clock tonight. The big pie has returned from 5w7 to 6w. The most direct driving force is that the market has increased expectations for a 50 basis point interest rate cut tonight. CME’s forecast reached a maximum of 70 yesterday. It has dropped slightly today and reached 61%. It can be said that the current calculation should include part of the effect of a 50 basis point interest rate cut.

If the rate is only reduced by 25 tonight, then the short-term currency will have to spit out some of the price. If the interest rate is cut by 50 as scheduled, then it is possible to go to 6w3 tonight. Considering that the rate has been close to a one-year decline before, has changed, so the first drop in this round is definitely attracting global attention. At the same time, this time is also the most prone to black swans. Surprises or shocks can happen at a moment's notice. #加密市场反弹 #token2049 #新币挖矿HMSTR #美国大选如何影响加密产业？ #灰度将推出首个美国XRP信托