At 2 a.m., the Federal Reserve will announce its interest rate decision. Currently, the market generally expects a 25/50 basis point rate cut.
On the eve of the rate cut, the U.S. economic development has a greater impact on the market. Judging from recent economic data, the current U.S. economic development is stable and there is no sign of recession. Judging from the recent global economic policy dynamics, countries are more optimistic about the U.S. economy. In view of this, as the U.S. rate cut begins, the market is likely to rise accordingly. Of course, the possibility of falling and releasing risks cannot be ruled out (including factors that the market digests the benefits of the rate cut in advance, resulting in negative impacts on the implementation). Rate cuts are good medicine, and the actual effect depends on the "clinical response". At the same time, due to the change of the U.S. president in November, it is also possible that the market will choose to start a bull market in November (policy risks are eliminated). Combining several situations, the best performance is that the bull market will come with the start of the rate cut; the worst performance is that the market gradually releases risks, and after the U.S. election in November is over and all risks are eliminated, the market will rise strongly.
Due to the functions of the crypto market such as value preservation (limited supply, high global consensus), value-added (great potential in emerging markets), convenience (lightweight travel, global cashing), and security (point-to-point transmission), I believe that regardless of global economic growth or recession, it will become the preferred asset allocation. I believe that we all have a large position at present, please wait patiently, success in the investment market belongs only to those who are patient!
