At three o'clock in the morning, the Federal Reserve's interest rate meeting lowered the rate by 25 basis points to 4.5%~4.75%, which met market expectations, and it is anticipated that there will be another 25 basis point rate cut before the end of the year.
The market also responded positively, with both the U.S. stock market and cryptocurrency experiencing an upward trend.
From Trump's election as president two days ago, the beginning of the rate cut cycle, to the appearance of a large bullish candlestick in the market.
Regarding the commencement of the rate cut cycle, it is a trend that was analyzed in detail before the Federal Reserve's first rate cut. Tonight at 8:30, the Federal Reserve will announce the CPI data for August; will this be favorable for the cryptocurrency bull market?
Do you still think that good news being fully priced in is bad news? Are you still waiting foolishly, thinking the market will have a significant drop?
After more than half a year of the main force's market washing techniques, retail investors have developed the inertia to think that rebounds will lead to declines, which has thrilled some who have correctly guessed the trend a time or two.
Bitcoin has failed to break through the $70,000 mark four times, and there are claims of a double top being formed, yet there is no broader perspective, leading to being left behind before the rise.
In such a market, whether you get in or out is quite awkward; if you don’t get in, you fear it will keep rising, and what if another large bullish candlestick appears? Will you miss out on the bull market?
If you don't get out, you worry about a fifth correction leading to a sharp decline. After finally nearing a break-even point or making a small profit, you fear being pushed back down. What you fear most is that this bull market might already be at its peak. Not sure how to operate, feel free to follow me.
