At 2 a.m. this morning, the Federal Reserve announced a 50 basis point rate cut, driving the market up.
Although some currencies have not yet caught up with the gains, I think there will be opportunities for catch-up gains in the next few days.
Every rate cut is good for the financial market. Those who have not bought can buy at a low price, and those who have already held positions can consider adding positions, after all, they have been held for so long.
The first rate cut had little impact on BTC, but as the number of subsequent rate cuts increases, large funds will gradually smell low-price opportunities and accelerate entry. I judge that smart funds will enter the market in large quantities in the fourth quarter, and traditional funds will further drive the market up in the first quarter of next year.
Pay attention to the following during the day: TURBO, babydoge, DOGE, bigtime, NEIRO...
