🚨 Market Shock: Interest Rate Cut Announcement, Powell Releases Hawkish Signals 🚨
📉 Market Reaction After Interest Rate Cut:
Once the interest rate cut news was announced, market sentiment surged; however, Federal Reserve Chairman Powell's speech doused the market with cold water. His hawkish stance indicates that despite the interest rate cut, the Fed maintains a cautious attitude towards cryptocurrencies like Bitcoin, and this remark directly led to a plunge in Bitcoin prices.
🌪️ U.S. Stock Market Chain Reaction:
Powell's remarks not only affected the cryptocurrency market, but the U.S. stock market was also not spared. The Dow Jones Index fell for 10 consecutive days, setting a historical record, and market panic spread.
🎄 Short-term Market Trends Before Christmas:
With Christmas approaching, many investors have completed short-term trades and are preparing for the holidays. This means that short-term market fluctuations may decrease, but it also provides an opportunity for those seeking to enter the market.
📈 Buying on Dips Strategy:
For those preparing to enter the market, now may be a good time. It is recommended to buy on dips in batches, as market adjustments are expected to last at most one or two weeks.
🚀 Hold Steadily and Wait for Opportunities:
For investors who have already entered the market, patience is key. Market fluctuations are the norm, but in the long run, value investing will always yield returns. Maintain confidence and patiently wait for the market to recover.
Investment carries risks, and caution is needed when entering the market.$BTC