🚨 Bitcoin fluctuated violently today! It fell from $65,000 to $62,200! 📉
According to 10x Research, this pullback may be an overbought correction common in bull markets. 📊 Such fluctuations are not uncommon in the market, reminding us to stay calm when rising and avoid impulsive decisions due to short-term fluctuations.
🔮 **Optimism is still there! **Expert Markus Thielen is optimistic about Q4, mainly benefiting from the expectation that the Federal Reserve may cut interest rates by another 50 basis points, and the promotion of China's large-scale stimulus policies. 💰Such policies tend to stimulate the market, increase liquidity, and bring more buying to assets such as Bitcoin.
Tonight, Federal Reserve Chairman Powell will speak at the annual meeting of the National Association for Business Economics, and the market will pay close attention to his guidance on future policies. 📅 This may become a key factor in the direction of the market.
💡 **Summary: **In a bull market, pullbacks are healthy, but investors need to be cautious and rationally analyze market sentiment and policy impacts to seize opportunities! ✨ #美联储11月降息预期升温 #SEC主席重申比特币非证券 #DIA #FTT #PHB $SAGA $UNFI $COS