Today's review summary;
Brothers announced the interest rate cut at 3 AM, basically no problem.
The Federal Reserve's previous interest rate until December 18 in the US was 4.75%, and the market's expectation of a 25 basis point rate cut has been adjusted to 4.5%. Based on data from the past month, this expectation is still achievable. If a 50 basis point cut occurs, adjusting the rate to 4.25%, it would lead to a nice strong rebound. Although this possibility is small, even adjusting 25 basis points to 4.5% is good news for the market. Currently, the main index is stabilized in the 103500 range, which is still a relatively strong position, as there are short positions trapped in the 100500—101500—102000—102500 range below. What if you are trapped at this position? Would you dare to cut losses at this time? Or do you expect it to drop back below 100000? If the interest rate cut is implemented and Bitcoin rises by 10,000 USD, pushing towards the 114000 range, what will you do? Looking at Ethereum, it has been testing 4000 for the past two days without breaking through, and has been pulled back by Bitcoin. Currently, BlackRock's Ethereum ETF is seeing daily inflows, holding over 1 million ETH, but the price has not been able to break through 4000, suggesting consolidation and accumulation here. The prospects are significant, so brothers, at this stage of Ethereum, you can accumulate in batches. If it drops, you should be bold enough to buy. If it drops to 3800—3700—3600—3500, you should buy in batches. At this time, buying and laying out positions, even if temporarily trapped with a loss of 2—300 USD, is not a big deal. As long as you can operate with the institutions, buying now and holding until February or March next year, you can expect at least a 50% to even 100% profit return. What industry can provide you with guaranteed returns in 2—3 months? The answer is only in the current crypto market, buying ETH can achieve this. Other altcoins may stretch a lot, but they could also behave like this round of Bitcoin, lying still or even dropping. Therefore, institutions only invest in certainty, and friends with large positions must also learn to invest in certainty. For those operating with small funds, just wait a bit, play some short-term trades, or reduce operations, and make clear directional entries on the right side.