Do not create panic, nor spread panic! If the panic selling was only triggered by Powell's speech at midnight, then the impact of this news will dissipate in 24-36 hours, so it's fine to be patient and wait! After all, during such times, if one always wants to catch the bottom, it can easily lead to being caught in a trap!
For those who have been bearish and shorting all the way, they have already started to promote that the bull market has reached its end, that it has peaked, and this wave of selling is a signal being released again, anyway, they sound very convincing and authoritative.
Personally, I am not the type to shout slogans; I don't like to firmly declare 150,000 when we are at 100,000, nor do I like to say the bull is over when we drop below 100,000. I am just someone who trades short-term intraday, whether it’s bullish or bearish doesn’t really matter much. Currently, I am holding cash and observing, not planning to go long for now. I need to wait for three strong bullish candles on the 4-hour chart to confirm that the panic triggered by the news has been exhausted, and then we can return to the technical analysis.
Those who paint a rosy picture, promote their opinions, and easily shout about liquidation and stop-loss, urging to go all in, will inevitably lead to a lot of emotional trading among retail investors. While such rhetoric may attract attention, I want to be responsible for my words and actions. More importantly, I hope everyone remains calm, restrained, and not to get carried away, not to act out of frustration, and not to always want to gamble everything on one decision! #美联储放鹰