Brothers, I don't think there is much to say about the market tonight. Just wait for the interest rate meeting at 2 o'clock in the evening. In the face of news, all technical indicators are useless. Whether it goes up or down depends on how much the Federal Reserve is prepared to cut, so there is no point tonight!
Most people are looking at a 50% reduction, and there are also 25% and 75% reductions. I personally tend to 50%, but we can't control how much it will drop. It's better to wait until the fight is over and the market comes out before entering the market. Anyway, there are market conditions every day, but our principal is not often!
One thing is certain, the interest rate cut is a long-term positive for the entire financial market, but it is unknown how much funds can flow out into the currency circle. After all, this industry lacks supervision and is a high-risk industry. It is not an exaggeration to say that it is a financial derivative.
So don't be too idealistic at night. After the interest rate cut, there is not an immediate flow of funds into the market. The landing of the good news is bad news. Be careful that there is a risk of falling currency prices after a wave of pull! #美联储利率决议公布在即 #BTC☀