Federal Reserve's Powell wants to be 'steady'! How can retail investors seize this opportunity in the crypto circle?
It was just revealed that at the Federal Reserve's October meeting, Powell aims to be cautious, and Goldman Sachs guesses that he is very likely to refer to the September dot plot, suggesting a third interest rate cut in December! What impact will it have on the crypto market? In simple terms, if the expectations for interest rate cuts materialize, global liquidity will ease a bit, making it easier for the crypto circle to attract new funds; however, with employment and consumption 'conflicting', market volatility must also be guarded against.
What should players do? Don't panic! Avoid going all in, choose coins with solid fundamentals and buy on dips. Before the Federal Reserve's actions are implemented, control yourself and refrain from chasing highs or selling on lows. Playing in crypto requires a long-term perspective; don't get anxious about short-term fluctuations.
If you are unsure about the specific timing, you can follow Jin Min for 24-hour real-time reminders to friends who have followed me before