Tonight (that is, after midnight on the 18th), the Federal Reserve will announce interest rate adjustments, and everyone thinks it will be a decrease of 25 basis points.
Moreover, there are rumors in the market that there may not be any rate cuts as early as January.
So tonight's news is simply a guiding light for the market.
If the Federal Reserve cuts more than everyone expects, it would be a huge boon, and Bitcoin might just soar all the way, breaking through the 11 mark.
But if it only cuts by 25 basis points and offers nothing new, the market is likely to cool off. It might just rise a little bit first, then plummet down, stumbling all the way down.
My personal thought is to clear out or reduce my positions this afternoon, leaving some room for myself, and wait until tomorrow to see the situation clearly before taking action.
This is a relatively prudent approach.
Of course, if you like excitement, you can try to take a gamble.
But I must tell you, the market is like a roller coaster right now; if you’re not careful, you might get stuck and end up with nothing.
Recently, I plan to position myself for a potential explosive coin that could easily double, and I’m also looking for some potential coins to hold until the end of the year, with an expected upside of over 10 times being quite possible. If you want to keep up, like + comment, and I’ll share it for free.