Heavy! Powell emphasized today that he will further cut interest rates!

The following is reported by the New York Times on September 30:

Fed Chairman Powell emphasizes further interest rate cuts

Federal Reserve Chairman Jerome Powell stressed on Monday that officials are likely to lower interest rates in the coming months as the job market slows and inflation cools significantly.
The Federal Reserve cut interest rates by 0.5 percentage points at its September 18 meeting, its first rate cut in four years. The Federal Reserve usually adjusts interest rates by 0.25 percentage points, so this rate cut is larger.
The rate cut reflects the Fed's significant progress in fighting inflation. Price increases have slowed significantly since their peak in 2022, so high interest rates since mid-2023 are no longer seen as necessary.
"Inflation is down, employment is up, and policy needs to be recalibrated to reflect our progress toward goals and changes in risks," Powell told a conference of economists in Nashville.
The question now is how the Fed will adjust policy in the coming months. Interest rates remain at about 4.8%, above what most economists consider the "neutral rate" needed for continued steady economic growth.
"Looking forward, if the economy develops as expected, policy will gradually move toward a more neutral stance, but we will not preset any course," Powell said.
High interest rates depress the economy by increasing borrowing costs, while lower interest rates act as a brake on the economy. The challenge for the Fed is to find the right balance, neither wanting to cut interest rates too quickly, triggering a surge in demand, but also not wanting to cut rates too slowly, leading to rising unemployment and an economic recession.
The Fed's goal is to achieve a so-called "soft landing," in which policy adjustments are used to control inflation at reasonable levels while avoiding a severe economic downturn.
Currently, the unemployment rate is rising significantly and inflation is close to the Fed's 2% target. Powell reiterated that the sharp rate cut in September reflected the Fed's confidence that inflation would return to sustainable levels while maintaining labor market stability.
Investors are speculating whether the Fed will cut interest rates again sharply at its next meeting in November. The Fed is likely to wait until more data is available before making a decision.

Today I saw a blogger on YouTube who spent 30 minutes piling up various technical indicators on the BTC daily chart, carefully analyzing the K-line and indicator trends, but hardly mentioned the real big players, institutional behavior, regulatory dynamics, and overall market sentiment. He confidently concluded that the BTC bull market is over.
Finally, he did not forget to recommend his copy trading group proudly at the end of the video.

Let’s not talk about whether his conclusion is right or wrong. Maybe he guessed the trend correctly this time and was very proud of it. But what about next time? One day he will take all his fans to blow up their positions and finally have to quit the Internet.

Because K-line and technical indicators can never predict the future!

If you don’t have a good source of information and don’t have enough knowledge of the capital market, please don’t do left-side trading. Although it seems to have a basis, it is actually gambling, and you don’t know what will happen in the future. This is not much different from tossing a coin to guess the front and back - such an operation = suicide!

Go with the flow! Do trending orders and strictly implement your own trading strategies. When you can achieve stable profits, no matter what the profit-loss ratio is or how small the position is, with the power of compound interest, you are not far from achieving financial freedom.

看好grass
Grass, a superstar project, recently raised a large sum of money, probably tens of millions of dollars
It is currently 1u before the market opens, and it was 0.4u when I recommended it to you more than 20 days ago.

This is exactly what proves --- a good business does not need much financing in the early stage, the money will come to you by itself! !

It is one of the best projects in the AI ​​sector at present, but you may not have studied the AI ​​track too much.

The two most important factors for training models are computing power and training data.

There are a lot of projects doing distributed computing power at present, and they are hyped up, but in fact, they can't be implemented at all. Why?

The former CEO of Google talked about this issue in a lecture at MIT a while ago. Distributed computing power, the speed loss caused by distance is insurmountable.

Just like sweeping the floor, is it more efficient to sweep and shovel it back and forth into the trash can? Or is it more efficient to sweep the garbage together and then shovel it into the trash can?

In other words, with the same computing power and the same power consumption, 100 GPUs tied together are much more efficient than 100 GPUs scattered around the world!

This also leads to the connection between AI and web3. At present, only the "data" part can be implemented.

GRASS is undoubtedly the leader in this track. It only raised 3 million dollars at the beginning, but achieved a trading volume of several hundred thousand dollars in the over-the-counter market in just two months.

Currently, it has raised tens of millions of US dollars.

The top investments often do not require too much operation. It is enough to grasp a few awesome projects in a lifetime.

grass sees 10u!

$IO will return to zero sooner or later.

Three recent horror stories in the cryptocurrency world

Linea founder resigns
Trump's debate with Harris shows signs of decline
OKX begins clearing out regional users

Those who need to run should run quickly, and hedge risks

The black swan may be coming soon

💵How does Soros view the relationship between the herd effect and persistence?

Although it is important to insist on independent thinking, when a large-scale herd effect occurs, it is safer to temporarily follow the herd.

A certain target will suddenly rise and fall, exceeding its actual value, but there is reflexivity (objective facts cause subjective behavior, which in turn affects objective facts). It is the most rational to temporarily follow or wait and see!

My personal understanding is that in short-term behavior, follow the general trend and don't go against the trend.
For the long-term development of the situation, stick to your own views and opinions! ❤️.
$BTC $ETH $BNB

What are you waiting for? ? ? ?
Go, the last chance to buy at the bottom

$TON

Q: Web3, how far is it from becoming a household name?

A: Expanding the presence of Web3 dApps in various distribution channels will be the key to achieving wider market coverage

🔥🔥TON🔥🔥

Telegram has more than 700 million users
TON can be seamlessly integrated into Telegram's various products, including practical application scenarios in the fields of games, finance, social networking and communications🔥

I'm going all-in💎, what about you?

$TON

The August non-farm payrolls report will be released at 8:30. Tonight is destined to be a bloody night. 🪙

Fed officials are about to enter a silent period before the September meeting. Whether to cut interest rates by 50 basis points or 25 basis points will be largely determined by this non-farm data.

The big one is coming. Are you ready?$BTC $ETH $BNB

🌿grass is about to issue a coin🌿
Currently 0.44u before the market

I am optimistic about this project, the fundamentals are good, there is demand, it is much stronger than the io project that cannot be implemented🥬

This time it is really going to be a big deal💎, anyway it is not worth much, I saw 10u each💎