Behind the inverted vertical line of the Nasdaq:
The cruel game between retail investors going long and the Fed raising interest rates
Retail investors are still doing long feverishly, and last week the Nasdaq closed at the inverted vertical line. If the Nasdaq falls tonight, the blockchain field may suffer another heavy blow. The effects of the Federal Reserve's interest rate hikes are now starting to show. It took two years of rapid increases before their effects are gradually apparent. I am afraid that we will have to wait until the U.S. economy shows signs of recession before we can cut interest rates. Just close your eyes and get through this difficult time!
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