The current market is in a phase of consolidation, with an overall slow trend. Apart from the significant rise in the morning that led to bullish exhaustion and bearish fear, there are two upcoming key events that are also impacting market development, requiring close attention:

1. Federal Reserve Interest Rate Decision - This decision will be announced at 2 AM tonight and is the focal point of current market attention. Although most institutions and investors generally expect this meeting to maintain interest rates, as we indicated yesterday, considering the recent complex performance of U.S. economic data, whether the Federal Reserve will release a more hawkish or dovish policy signal remains uncertain. This uncertainty brings potential volatility risk to the market.

2. Speech by Federal Reserve Chairman Powell - As one of the most influential figures in the global financial market, Powell's statements often have a profound impact on market expectations. Especially against the backdrop of current high inflation and controversial monetary policy paths, if his wording leans towards hawkish, it may trigger market concerns about further tightening of policies, thereby putting certain pressure on risk assets.

In summary, there is a lack of clear breakthrough direction in the macro environment in the short term. Before the significant uncertain events materialize, it is advisable to remain cautious, avoid blindly chasing rallies or selling off, and manage positions and risks effectively. #MEME法案 #交易故事 #最近的一笔交易