I was too late to live broadcast yesterday, so I woke up today and saw that the price of Bitcoin rushed to around 62,000, breaking through the 61,500 mentioned in the live broadcast last night. Around 64,000 is a strong pressure point. If it rises to above 65,000, the monthly line will not support it, and the consequences will be serious. October will be very sad.

The Fed's 50 basis point interest rate cut is indeed inconsistent with expectations. The current economic development of the United States does not support interest rate cuts. Many people say that the US data is price-making and the interest rate cut is to cover up the economic recession. This may be the inertial thinking of the Chinese. The US economy is still on a positive trend, and the financial report data of listed companies and the corresponding stock prices are positively correlated, which confirms this.

According to this deduction and analysis, the US interest rate cut is to further boost economic development, not economic recession. Since 2000, the US interest rate cuts have been accompanied by economic recessions, but not this time. The market will go up in the future, the bull market is still there, and there will be technical corrections in the middle.

The trend of the market rising caused by the monetary easing policy brought about by the interest rate cut will not be so fierce. It takes time for funds to be released and enter. It will not be that the interest rate is cut today and the capital flow will be in place tomorrow. It will take at least 1-2 months to digest the news, wait and see, hesitate, enter the market one after another, and start fomo

I am very open and willing to listen to and accept different voices. Yesterday, when the live broadcast was about to end, my brother @无邪Crypto came over and shared different views from me, and also gave all coin friends another perspective. As a qualified investor, you must be wary of the phenomenon of "only one voice" in the coin circle.

Whether the Fed cuts interest rates or not, no one has the final say, only the Fed has the final say. The market trend will not be influenced by people like us. In the process of investment, we need to be wary of risks, and do a good job of response management and position management in it, so that we can continue to make profits in the coin circle and make long profits!

Because the Fed cuts interest rates, the deduction content of the previous article will become invalid. It is very likely that Japan will not raise interest rates tomorrow, and the big cake will continue to rise. If the interest rate is raised, it will fall, and if it is not raised, it will rise. For this reason, we must prepare a response strategy and wait for the results of the day.

I am also very grateful for the support and trust of the coin friends last night, who were still with us in the live broadcast room from 1 to 4 in the morning. Let us work together to realize our dreams in the cryptocurrency world.Thank you everyone!