Today is the weekend, and just now, the big pancake has once again surged upward by a thousand points. Yesterday, when it dipped near 101100, I'm sure everyone entered the market as expected.
Let's briefly discuss the Federal Reserve's interest rate decision:
In the new economic forecast that the Federal Reserve is about to release, investors will focus on the views of Federal Reserve officials regarding future monetary policy, especially the expectations for 2025 and 2026. These forecasts must take into account multiple factors such as inflation being higher than expected, a healthy labor market, and potential changes in global trade and immigration patterns resulting from the U.S. election outcome.
The Federal Reserve's monetary policy is an important factor influencing the cryptocurrency market. Although the market generally expects the Federal Reserve to start lowering interest rates, current economic data does not show obvious signs of slowdown. Despite a slight increase in the unemployment rate, it remains low at 4.2%, indicating that the labor market is still strong. When considering interest rate cuts, the Federal Reserve must weigh the relationship between economic growth and inflation; cutting rates too quickly could stimulate demand and, in turn, drive up inflation.
BTC trading suggestion: buy near 101600, add to positions at 101000, target 103600, stop loss 100600.
ET trading suggestion: buy near 3862, add to positions at 3830, target 4000, stop loss 3810.
