For traders who are generally risk-averse and loss-averse, you can consider staying on the sidelines. Sometimes, taking no action is the best action.

The market trends in the next few days will revolve around the FED's decision. Generally speaking, if the Federal Reserve (FED) decides to cut interest rates, whether 1 or 2 points, it will be good news for risky assets such as US stocks and Bitcoin (BTC) in the long run.

However, Powell's speech at the press conference will largely determine the policy direction of the Federal Reserve in the next three months. If Powell and the FED choose to be hawkish after this rate cut, it may still turn the positive into negative.