Market Analysis 9.18
Good afternoon, brothers. BTC has strongly returned to $60,000. It came unexpectedly. A great person who led orders around me was liquidated. It's a pity.
At 2:00 a.m. tonight, the Federal Reserve announced its interest rate decision. This is the first interest rate cut since 2020. A major trend is about to form.
If there is a big rise before the interest rate cut, after the announcement of the interest rate cut, there is a high probability that it will go down, but it will not affect the logic of the general trend of rising.
Yesterday, the US Bitcoin spot ETF had a net inflow of 186.74 million US dollars.
From the perspective of the US political situation, both Republicans and Democrats believe that cryptocurrency policies are needed to maintain the competitiveness of the United States.
Japan is also vigorously developing Web3, and giants like Sony have begun to build public chains (based on Astr technology).
Many brothers are worried about this and that as a whole, and they frequently operate and chase ups and downs. In fact, there is no need for this.
Just identify the general direction and ambush.
In terms of currency selection, avoid those high-inflation tokens, and sell them when they rise. It's that simple.
