I believe everyone stayed up late to see if there will be an interest rate cut today, and whether it meets expectations. This morning, the person who is known for his bluntness, Powell, made a shocking statement. According to recent news, there is ongoing debate about whether the incoming Trump administration will establish a Bitcoin reserve. Federal Reserve Chairman Powell stated that the Fed has no intention of holding Bitcoin. Powell said at the press conference after the FOMC meeting: 'We are not allowed to hold Bitcoin.' Regarding the legal issues of holding Bitcoin, Powell mentioned, 'This is something Congress needs to consider, but we have no intention of seeking a change in the law.' As soon as this news broke, the market fell into a state of panic, with the U.S. stock market, gold, and crude oil all responding by dropping sharply. Both the stock market and the crypto market followed suit, and this news had a devastating impact on the crypto world. The most shameless part is that the four planned interest rate cuts next year have been reduced to two, which is even more fatal, completely denying Trump the opportunity to save America. Previously, Trump said he would make Bitcoin a national reserve currency, and Powell slapped Trump in the face directly. It is said that Powell will retire next month, daring to retire before Trump takes office. Trump has also previously stated that he will address the Federal Reserve after taking office and merge the Fed with the Treasury for unified national management. The Fed is essentially a private bank. Let's leave it at that. I believe everyone has seen that the U.S. has a debt of 35 trillion dollars. The U.S. has harvested some smaller allies like South Korea and Japan, but found it far from enough. Then came a physical debt elimination method, which is quite remarkable. Previously, the manager of the Rothschild family and the CEO of the largest insurance company in the U.S. were assassinated, and other wealthy individuals have disappeared one after another, with debts reduced by a large margin. This has given Trump more confidence to completely resolve the dangers of the U.S. economic recession.

Since Trump was elected, the market has been the same as what Laoshan said before. Bitcoin has also reached a record high. Trump is also very good at managing the economy. Laoshan said before that Trump's election will not suppress the currency circle as much as Harris. Trump is about to elect Bitcoin as a national reserve. Dogecoin has also successfully turned around under the leadership of Musk. According to relevant news, the yen exchange rate has plunged. Japan has become the first country to collect protection fees after Trump took office. The yen has continued to depreciate. Laoshan said before that the younger brothers of the United States will be harvested one by one. Trump will not start a war but will start an economic war to harvest. The United States has become strong all over the world, making the dollar's dominant position in the world irreplaceable. Now we still have to focus on the future problems of the US economy. According to relevant news, the scale of US household debt has reached a new high, the risk of default is increasing, and the delinquency rate is as high as about 3.5%. These data reflect that the US economy is still not very good, and there is still a subconscious economic recession. Don't look at the new highs in the US stock market every day, the big cake has reached new highs every day. Once the economic recession comes, all kinds of harvests will be made. Recently, gold has jumped directly and lost the $2,600 mark. This is the case without a war. The US government will sell it and harvest the world to achieve the strength of the US stock market.

First of all, we would like to congratulate Trump on his election as the next president of the United States. He also defeated Harris. I believe that fans who have read Laoshan’s articles before know that Laoshan clearly stated that Trump would win, and he also talked about the difference between Harris and Trump’s election. Yesterday, Laoshan was so excited to see Trump’s election that he didn’t sleep all night. To be honest, this result is what Laoshan wanted to see. After Trump’s election, the currency circle has also ushered in a major turning point. I reminded you in the circle of friends yesterday, and I also reminded you in previous articles. A pullback is to give you an opportunity. You buy a 60,000 pie and you see 38,000. You say there will be a pullback. Now you want to chase the new high pie. Now that Trump has been elected, the United States still has to make every effort to solve the result of the economic recession. If it is not solved well, the currency circle will also be implicated. This is the key. With Trump’s election, Musk also ushered in a highlight moment. Musk’s net worth soared by US$20.9 billion in a single day, and Tesla’s market value soared by US$8,574 overnight, directly sitting firmly on the throne of the richest man. The cryptocurrency world has also seen a big rebound, Musk's Doggo also skyrocketed in one day, and Bitcoin and Ethereum also rebounded. Both Trump and Musk have Bitcoin, so it is normal for it to rise. Although this election cost $15.9 billion, making it the most expensive campaign in history, Trump's election is also quite beneficial to the cryptocurrency world. If Trump is elected in this election, the problems of Russia and Ukraine can be solved, and the Middle East war will also be solved. It has been said before that Trump is an economic person, and now it depends on how Trump saves the critically ill US economy. Once Trump takes office, there will be more and more big melons. Since Trump won, Europe has cried, Zelensky is going crazy, von der Leyen is heartbroken, Yoon Seok-seo is preparing protection money, Japan is so sad that it can't speak, Trudeau is about to start scolding, the Iranian president is dumbfounded, the US LGBT and illegal immigration bureau is about to make trouble, Bill Gates flew away overnight, and Musk was overjoyed and shouted that he would be the director of the US National Development and Reform Commission in the future. This time Trump was elected, and the little brothers who followed the United States will basically pay protection money to maintain the US economy and control the US economic recession.

The countdown to the U.S. election is on, and uncertainty looms over the market. The IMF warns that the world faces risks of low growth and high debt. According to recent news, since Musk publicly supported Trump, he has angered Bill Gates. Bill Gates furiously said, 'Please do not compare me with Musk; he does not deserve to be compared in the speed of wealth creation. He should not publicly support Trump. If he hadn't provoked me, I wouldn't support Harris.' Recently, Musk openly provoked Bill Gates, saying that Gates is afraid the Lolita Island list will be revealed and thus does not support Trump, implying that Gates is also on the list. Gates said he greatly admires young people becoming the world's richest, but Musk is particularly arrogant and unaware of his own limitations. It seems that two tigers cannot coexist; one is a former world richest, and the other is the current world richest, starting a showdown. Previously, Bezos halted the Washington Post, and now Zuckerberg openly supports Trump. UFC president Dana White has also come to support Trump. Many wealthy individuals are supporting Trump. Just yesterday, Biden, who has not been seen for a long time, openly criticized Trump supporters as trash and stated that Trump poses a threat to everyone. Trump generously said, 'Forgive him; after all, Biden doesn't even know what he's talking about.' This wave seems to favor Trump. There are still a few days left; although the Harris team is making efforts to rally votes, the current support rate is still lower than Trump's. It is highly likely that Trump will be elected. However, we fear that if Harris cannot win, their team may do something, like instigate wars or pandemics. I'll stop here; we'll wait for November 5th, and everything will be revealed. I also hope that by then, the U.S. can resolve its own economic recession issues. On November 1st, the U.S. unemployment rate will be released, which will reflect whether the economy is in recession. The U.S. presidential election is on November 5th, followed by a second interest rate cut on November 8th. We'll see if it's 25 or 50 basis points.

First, let me talk about some major events in the past few days. Please read them patiently. According to relevant news, the boss of the Washington Post made a major decision. This big boss who had grievances with Trump and Musk suddenly broke the 36-year tradition of the Washington Post and expressed for the first time that he did not support any presidential candidate. This decision is thought-provoking. It is quite interesting to say that just when the employees of the Washington Post had drafted a statement in support of Harris, the big boss Bezos suddenly called a halt. You must know that at this critical moment, Bezos’s halt means that he does not support Harris and does not look favorably on Harris. This is relatively good news for Trump. The day before yesterday, Musk said at Trump’s rally that if he was held responsible, he could at least cut $2 trillion from the federal budget to reduce government spending. He said that a lot of the money spent by the government is wasted, and he advocated removing the burden of the government from ordinary people. Trump said that if he could be elected president, he would make Musk in debt. Government spending, and jokingly named this department DOCE, making fun of Musk's love for cryptocurrency, circled the key points, this is very good for the cryptocurrency circle, Lao Shan has said before that Trump and Harris have both publicly supported the cryptocurrency circle. Harris saw Trump support it first and then got a lot of votes, and Harris followed suit. Lao Shan said before that Trump's election would not suppress the cryptocurrency circle severely, but Harris might not. Now Trump's votes are higher than Harris's, and Trump directly took out the trump card, the economic card. This is what the United States needs now, and it is the most concerned issue for many voters. Trump promised to give priority to solving the problem of inflation and will take measures to solve the sluggish US economy. Harris can't do this because when the Biden administration was in power before, the economy fell into a downturn and many people went bankrupt. As a member of Biden's party, it is difficult for Harris to convince voters that she can handle the economic recession. The hole dug by the Biden administration is too big, and it cannot be filled even if it wants to.

According to relevant news, Israeli official sources reported this morning that Israel has launched an attack on Iran, with Iran's power plants being one of the targets. As soon as this news broke, the cryptocurrency market was directly affected. The U.S. election is now also in its final stages, with less than half a month left in the countdown. According to relevant reports, Trump currently holds an absolute advantage over Harris. Reports indicate that Musk, in order to support Trump's campaign, has once again activated his cash capabilities, providing $56 million, bringing Musk's total expenditure to at least $132 million to push his allies into the White House and Congress. Musk, the CEO of Tesla and SpaceX, has disclosed these donations to the Federal Election Commission, showing he has invested a large amount of money to fund Trump's presidential campaign while also supporting Republican members of the House. The election is about to conclude, and Musk's net worth has also increased. According to recent news, Musk's vehicle models have significantly reduced prices, and profits have exceeded expectations, causing Tesla's stock market to surge by 22%, increasing its market value by a trillion. Musk's net worth skyrocketed by $200 billion overnight, securing his position as the richest person. This is Musk's brilliance; he never took sides before but has directly backed Trump in this year's election because he realizes that the U.S. economy has suffered severely and needs someone who can manage the economy to save the country from economic decline, and Trump happens to be that person. Biden's administration has instigated wars everywhere, first with Russia and Ukraine, now in the Middle East, and currently with North Korea and South Korea. Harris, as Biden's successor, is also a warmonger, who only initiates wars to profit from them. Trump, being a businessman, knows how to manage the economy, so he will find ways to address the economic recession. You might have seen Putin's response to Trump; he said he doesn't remember Mr. Trump making threats against Moscow. The U.S. election is too intense right now, and we shouldn't take the statements made during the election too seriously; that's the key point. During elections, anything can be said, and once elected, they deny everything. Harris and Trump both claim to support each other, but if elected, Harris would suppress, while Trump at least wouldn't be too harsh.

Harris has completely lost it. She announced that the limit for the $0 purchase program would be increased from $750 to $1500, doubling the amount that was previously unattainable for phones. Now, it can be grabbed directly, and even right after midnight, the limit updates again, allowing for more grabs. This is simply a benefit for Black people. It’s important to know that prior laws in the U.S. stipulated that it was legal for one person to grab $750 in a day. A lot of Black people relied on this to make a living, and now that the limit has been raised to $1500, it’s a significant boost. What’s even more outrageous is that Harris explicitly stated that if she is elected president, she would raise it to $3000. The Black community went wild. Harris is really going for it. Initially, I was thinking about claiming Musk's million-dollar bonus, but now I’m starting to hesitate. After all, receiving $1500 daily for free is quite enticing. I believe many people don’t understand the deeper implications. It’s actually quite easy to understand. Previously, Musk distributed dollars to those who were undecided, encouraging them to support Trump, which resulted in Trump’s votes overshadowing Harris. Now, this move directly boosts his votes. After all, the election is fast approaching, and we’ll see if he can become a candidate. Today, Bill Gates also joined the support, privately expressing a donation of $50 million to support Harris's campaign. The old guard and the new wealthy are supporting each other from different camps. We will know who wins on November 5. Meanwhile, I hope Trump can be elected to resolve the current global conflicts, allowing those homeless due to war to have stable lives. Of course, an important point is that if Trump is elected, the cryptocurrency market will also see benefits and won’t be heavily suppressed. Trump will comprehensively address the biggest risk the U.S. currently faces: economic recession.

There were too many uncertainties in the previous election. Now, with Trump's approval rating rising, Bitcoin has gone from wavering to a straight rise on the current daily chart. Now Bitcoin can no longer fluctuate. The old copycat currencies are also rebounding. Next, the new currencies will also rebound. The finale has not yet come. Remember one thing: important people and things will happen later. Some time ago, Lao Shan clearly stated that the strength of the Trump and Harris campaigns was overwhelming at that time. At that time, Lao Shan said that Trump would fight back and his approval rating would exceed Harris. At that time, Trump clearly supported the cryptocurrency circle. Later, Harris saw the effect and followed suit to support the cryptocurrency circle. When Trump was assassinated, Harris also followed. Have you discovered a problem? Harris has been imitating. She was originally a warmonger. Suddenly she supports the cryptocurrency world just to canvass for votes. Trump is an economist, to put it bluntly, he is a businessman. Musk also helped Trump canvass for votes. Musk has been in the cryptocurrency world for a long time and also likes to work in the economy. Now with Trump's approval rating getting higher and higher, the cryptocurrency world is also facing a major opportunity. Lao Shan has said before that it is in a vacancy period now. The big pie below 60,000 allowed you to layout, and you pretended not to see it. Now the big pie is about to reach 7 and you are anxious. It has been said before that the callback is to give you an opportunity. You see the big drop, and it is useless to be anxious now. Now the trend is exactly the same as what Lao Shan said. The dealer is just washing back and forth and washing those impatient people off the bus. I believe that the obedient fans have made a lot of money now, and next, wait patiently for Lao Shan's notification.

According to relevant news, Trump's support rate has now surpassed Harris. Currently, Trump is 10% ahead of Harris. The general election officially begins on November 5. It seems that Musk's energy is still good. As long as you vote for Trump, you can get 47 US dollars. As a businessman, Musk only likes to make money in peace. This time he also came down to support Trump and help canvass votes. Musk currently hopes that Trump will be elected president and resolve the world's wars, so that the economy can quickly recover to the past, thus avoiding economic recession. Lao Shan also said before that there will be a gap period next time. There will be no major bad news, only normal corrections. Everyone knows what this correction does. It is to go back and forth to damage your mentality and get you off the bus. Even if the dealer pulls it up, he will not let most people make money, only a small part. He is not a philanthropist. Now many people know that if nothing unexpected happens next month, Trump will be elected, and the market will pull up on the same day. However, the super long dealers who went long in October have been washing back and forth recently until more people are washed off the bus and the last wave is pulled up.

There is less than a month left until the election. According to relevant reports, Trump’s approval rating is higher than Harris’. Last night’s CPI was lower than expected, which is also a small negative. Next month, there will be an interest rate cut and the election will be announced. Next month will be a hard-hit area with a very high risk index. Last night’s CPI was a small negative. To put it bluntly, the news can be changed, but the market must be harvested. Now the Sino-US economic war is still going on. The stock market is rising and rising, and then it will be harvested. The U.S. stock market will also fly directly to the sky and then be harvested. Now it is to attract more investors, and then compare the U.S. stock market with the A-share market. I want more funds to enter the circle, and then charge money to trade. As for the currency circle, I also want more people to come to the currency circle, but the premise is that the U.S. stock market is not short of people. Now the dealer just wants retail investors to charge money, and then harvest back and forth, and finally pull a wave and then take it all away directly. There will be basically no meetings later, waiting for the hard-hit areas in November.

The Federal Reserve will release the minutes of its September meeting at 2:00 a.m. this Thursday. According to BlockBeats, the minutes of the Federal Reserve's September meeting will be released at 2:00 a.m. on October 9. SEB said that in addition to the interest rate cut at the September meeting, we also obtained new economic forecasts, pointing out that the US economy will have a soft landing in 2026, with economic growth of around 2% and inflation close to the target level. You can also watch Powell's speech at 2 a.m., and the market will fluctuate at that time. Just wait patiently. According to Coinglass data, if Bitcoin breaks through $64,000, the cumulative short order liquidation strength of mainstream CEX will reach 401 million; conversely, if Bitcoin falls below $61,000, the cumulative long order liquidation strength of mainstream CEX will reach 335 million. Now this position is particularly embarrassing, and the long and short double kills are about to end. It is recommended that everyone wait patiently for the meeting in the early morning.

The National Day holiday is over. I believe that many fans had a lot of fun. They have basically arranged everything that needs to be arranged. Now they are smiling as they look at the profitable orders. I don’t know if you have noticed that the Sino-US economic war is getting more and more intense. Since the central bank cut interest rates, more and more people are willing to buy houses, and consumption has also increased. There are also a lot of people traveling during the National Day this year, and the stock market has risen quite well. This is basically the same as what Lao Shan said. The currency circle has also experienced a small rebound during this period, and everything is moving in a good direction.

The unemployment rate came out tonight, and the interest rate is 4.1%, which is also quite favorable. The number of employed people in the United States also increased by 254,000, which is also the largest increase since March 2024. The economic war between China and the United States has also entered a white-hot stage. Since the United States cut interest rates, the central bank has also followed suit. Now the stock market is soaring, prices are soaring, and housing prices have also rebounded for a short time with the arrival of the interest rate cut. This wave of interest rate cuts has also stimulated consumption. Lao Shan also said before that the data before the election will not be too bad. Even if the US economy is bad, it will not admit it and the data will be changed. This is not the first time that the data has been changed. Now we have to wait for the real data after the election. After the meeting in October, the gap will begin. Everyone hurry up.

Many fans who didn't want to write an article are urging me to do so. Today I will talk about it. It is normal for the market to fall sharply. I reminded you before when Bitcoin was 66,000 and Ethereum was 2,702 that there would be a correction. At that time, many people were looking for new highs. Laoshan reminded you for several days in a row to be careful of the market makers setting traps. As a result, many people were still laughing at that time and said that it would rush to 70,000 or even higher. Ethereum directly hit 3,500. I laughed at the time, but fortunately, many fans listened to the advice and made long orders at 66,000. They ran away when Ethereum was 2,700 and went short instead. Laoshan said before that it had been rising for almost half a month in September. It is normal to fall normally. How is it possible not to harvest a wave? It is impossible for the dealer to let you make money. This wave of decline is specifically to harvest those people who chase highs and look for new highs. Some greedy people have basically been harvested this time. The previous article mentioned that October is a gap period. There will be a meeting on the unemployment rate on the 4th. Although the data will change, we still have to see how much the US employment rate can reach, so as to show the US economy. The data will change but there will still be fluctuations, thus ending this wave of decline. Now everyone should wait patiently, and those who want to layout should hurry up. Then I will say that the gap period in October is very important. There are many uncertain factors after the election.

Today is the last day of September and tomorrow is National Day. Here Laoshan would like to wish you all a happy National Day. I believe many people have a 7-day short holiday. You can also go out to travel, relax and spend time with your family. I hope everyone can be happy during the 7-day short holiday. The A-share market has been rising rapidly in the past few days. In mid-September, fans who have read Laoshan’s articles must have bought some stocks and should have made some money. Fans in the currency circle have almost made some money during this period of time and got out during the correction. Laoshan also said before that October is a gap and a relatively good month. Historically, October has basically rebounded, but we must pay attention to the unemployment rate on October 4th. This is very critical. Although the data will change, there is speculation by the market makers and they are starting to shamelessly hype the economic recession. Now it is in a correction period. The so-called correction period is to give you the opportunity to make a layout. The new market will come after the 4th. Those who want to make a layout can ask Laoshan. Many people want to ask why there is a correction in the past few days. In fact, it is normal. It has been pulled for so long, and the bull market will also correct.

Recently, several project companies under the central enterprise Poly Development have launched "price guarantee" activities in the "golden September and silver October" to stabilize market expectations, reduce buyers' concerns about price fluctuations, and enhance confidence in buying houses. Specifically, it involves real estate projects in Wenzhou, Xi'an, Sichuan, Jinan, Chengdu, Guangdong and other cities. Since the central bank cut interest rates this time, the A-share market has soared, and housing prices have also rebounded. Poly Group has also responded to the country's call and launched a price guarantee activity to stabilize the market. Laoshan also said before that this interest rate cut will promote the rebound of housing prices and make more people want to buy houses, because now many people are eager to buy houses when they see the sharp drop in housing prices, and many people who want to buy houses are waiting and watching. The sharp drop in housing prices has caused prices to soar, and consumption is getting higher and higher. The country's task is to enable every family to afford a house, rather than constantly speculating on housing prices. The housing prices in Tokyo were high enough before, but what was the final result? Many people took out loans to buy houses, and finally the mortgages that many people were carrying were exposed. In order to prevent the real estate market from exploding again, the country is also trying every means to ensure the stability of housing prices, so that those who need houses can afford to live in houses.

Today also ushered in super good news. The founder of the cryptocurrency emperor cz, Zhao Changpeng, was also released and returned to Dubai. When the news came out, the cryptocurrency circle also reacted, and all kinds of currencies flew. Today, all kinds of good news are flying all over the sky, especially the US economy and so on are all good news, but after Powell’s 50 basis point interest rate cut, everything fell apart. Lao Shan also said before that the economic data is not good, and the data has been changed in various ways. It seems that the economy is good, but it has been supporting it all the time. Now it is supporting it after the election. Even if the economy is not good before the election, it will get better. After the election, let’s see who will come to power and how to solve the economic recession. Here is a blockbuster!

The market situation is the same as what Laoshan said before. It is now in an adjustment period. To put it bluntly, it is for the layout of the big market in October. Laoshan also said yesterday that the current correction is to prepare you for the layout and give you the opportunity, so don’t miss it. Now all the bad news is small bad news. There will be no super bad news after the election. The data in the United States will be changed. After all, there will be no chaos before the election. People must give people the impression that the economy is very good. Today, Harris publicly supported cryptocurrency again. I will not analyze it here. Please see the previous article. According to TheBlock, Ethena will cooperate with Securitize and BlackRock to launch a new UStb stablecoin, supported by BlackRock’s tokenized U.S. Treasury bond fund BUIDL. ENA cooperated with BlackRock to launch a stablecoin plan, and ENA also rose sharply. A shares have recently been helped by the central bank’s interest rate cuts and large-scale water releases. A shares rose 5% in one day!

More than two months after former US President Trump was shot, US Vice President and Democratic presidential candidate Harris' office in Arizona was shot. This is the second shooting in the office. Previously, around midnight on September 16, the front window of the office was also suspected to have been shot. I believe many currency friends have seen this news. In fact, Laoshan also said before that Harris should not do this, but I didn't expect her to really do it. Many people want to ask why she would do this. Isn't it dangerous? In fact, Laoshan personally thinks it is normal. Trump's support rate has soared after being assassinated twice, surpassing Harris's support rate. Now is also a critical moment. There is more than a month before the election. Therefore, if this happens, others will doubt Trump, and he can get more support directly and indirectly, so that he can be elected as the next US president on November 4, thereby achieving his own goals. The most ironic thing is that there is no one in the office. Harris and Trump's election are directly related to the currency circle and the US economy. You can read Laoshan’s previous articles. I have analyzed them one by one, so I won’t analyze them here.

The Israeli army launched a large-scale airstrike on Lebanon, killing and injuring more than 2,000 people, the worst casualties since 2006. How many families were broken to pieces, how many children lost their fathers, many women lost their husbands, and many couples lost their children. This is war. As soon as the news came out, the market also made a correction. I believe that many short orders that were trapped yesterday have come out today. Laoshan reminded us yesterday to be careful of traps. It pulled back directly at night. I believe that many people who laid out short orders also made money. Here, Laoshan reminds us one last time not to pull to 80,000 at a time. The selling pressure on the top is still very high. Seriously, Laoshan will not guess the top. He will analyze according to the real-time market conditions. There is no need to say that it will go up to 80,000 at once. Many people are still staying in the New Year period and are only configured by longs. Laoshan suggests that you can wait. You can deduct the shorts during the October gap, but don't guess the top. When it comes to the end of the month, you should stop when you are ahead. Don't always go to 80,000 or 90,000. Laoshan will say something unpleasant here. Many people are chasing highs at 73,777. Let's see what the result of 80,000 is now. At that time, they were not looking at 80,000 or 90,000. There was profit and they did not run away. As a result, they were all sent back to the dealer. Remember one thing, only what is in your pocket is real!