After 4 years, the Federal Reserve will finally start the first interest rate cut at 2 a.m. tonight!
According to the latest interest rate market, the probability of a 50 basis point rate cut (double rate cut) is as high as 62%.
If this is the case, the money release will be fast and fierce, reducing the risk of recession, and the bull market in the cryptocurrency circle will also start with the continuous money release in the next two years.
However, in the short term, due to the possibility of 25 basis points and the possible good news in the market, the 58,000 long orders we opened yesterday and some of your own high-Beijing contracts can be considered to be cashed in before the rate cut, or half of the profit can be taken, and the remaining half can be bet on Powell's dovishness.
Spot without the risk of liquidation can definitely be held for the long term, especially in October, there is a traditional consensus on the surge in Bitcoin. Shuqin hopes that everything goes well for everyone!