The Fed cut interest rates by 25 basis points, which is in line with market expectations. In addition, the market has already gone beyond expectations in the early rise. The market is worried about the number of interest rate cuts in the future. It is possible to slow down the interest rate cuts or even raise the interest rate in the future!

When the big cake reaches a historical high, the possibility of a rapid decline can be seen at any time. It is better to be cautious and not to chase highs all at once. Personal ideas are for reference only. Let the results be the witness. Anyway, I have arranged a short position, so let's go and see!

There are short positions around 76600, and the retracement will first look at 73000!

Ethereum is at the end of its strength, so I won't go into details: 2900 can be shorted, and the short-term target is 2750!