After a morning surge in BTC, it is now fluctuating around 970, extremely stable. Perhaps, it is also waiting for Powell's signal 📶
All preparations are made, just wait. If it doesn't reach the target, then the plan is void. If it reaches the target, then we take action.
The Federal Reserve's interest rate decision has two key points: whether to cut interest rates and whether to increase the frequency. According to the current market, including some hard data, it is insufficient to support a rate cut, but the final outcome still depends on Powell's direction.
In my personal opinion, which is very bold and just my viewpoint, I make no suggestions. Suppose, if there is no rate cut in the first half of 2025, what situation might arise? $BTC