The ETF has been approved, and BTC has officially become a member of the commodities club. The next step is to pay close attention to the Federal Reserve policy.
Whether an interest rate cut is good or bad is not absolute. Usually we understand that an interest rate cut will flood the water and benefit all investment targets, but this actually depends on the situation.
When the Federal Reserve cuts interest rates, it is important to do so proactively or passively. Taking the initiative to cut interest rates and stimulate economic activity is a huge benefit to investment, and I can get a piece of the pie with BTC. Passive interest rate cuts, the economic situation has become so bad that interest rates must be cut to save it. This kind of interest rate cut is a precursor to an economic crisis. We all remember 312 in 2020. At that time, US stocks and Bitcoin plummeted, especially Bitcoin, and this scene is Occurs during the Fed's rate-cutting cycle. The Federal Reserve cut interest rates too slowly and the market could not hold back. The Federal Reserve had to directly cut interest rates to 0 and began to enter the quantitative easing phase significantly, thus saving the US stock market and bringing about the BTC bull market.
At the moment, for BTC contract trading, I still insist on the view of going long when stepping back on support and being cautious about shorting. At the same time, we must focus on the general economic environment, be careful of the occurrence of black swan events, pay more attention to US stocks and US bonds, and leave the back to the bull market. , keep your eyes on U.S. stocks and stay vigilant.
