Analyze how to operate on interest rate cuts tonight? What will the next move of the farmers be?
Tonight at 3 AM, the Federal Reserve will hold a monetary policy meeting. Based on predictions, a large number of people now believe that there will be a 25 basis point cut, lowering the current interest rate from 4.75% to 4.5%. This rate cut is definitely a positive for the cryptocurrency market.
But everyone should remember, if everyone knows a piece of news, then it’s definitely something the farmers want you to know, and it’s no longer good news. Good news is very distant for ordinary people. If everyone knows it will rise, will you chase the highs? If you chase the highs, the farmers will start harvesting, and then it will quickly drop, congratulations, you’ve become the chives.
Everyone knows it will rise, but don’t forget the purpose of them leaking this message, isn’t it just to cut? Look, the clearing map shows that the short sellers are back. This achieves the farmers’ goal of first pushing up to eliminate the shorts and then dropping. The longs also dare not chase high, taking the opportunity to push up again. At that time, whether it’s the shorts or the longs, they are scared by this washout and won’t dare to get in easily. Then the farmers will hold their chips and push up, achieving both the benefit of the rate cut and taking the opportunity to harvest a wave. Tonight will definitely be an exciting night. If you're trading, a strategy will be sent out this evening. Make sure to hold tightly to this last big leg of 2024 🫨#市场全线看牛? $BTC