The Fed cut interest rates by 50 basis points beyond expectations

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The Fed's interest rate decision exceeded expectations by cutting interest rates by 50 basis points. This rate cut may lead to risk aversion among investors.

For the bull market, the subsequent momentum is guaranteed. The current price has fallen after reaching 62,500. If the price cannot stabilize above 60,000, there may be a large wash down to 50,000.

Intraday operation:

At the current price of 62,000-625,000, you can try to enter a short order, with a target of 60,500. Stop loss 62,800

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