Federal Reserve Surprise! Interest Rate Cut Delayed, Triggering a Crash in the Crypto Market!
Last night was quite intense! The Federal Reserve suddenly said to wait a bit longer on interest rate cuts, and the market immediately plummeted, with Ethereum following suit. This kind of unexpected news is impossible to predict in advance; it’s really frustrating!
But to be honest: Don’t let the news shock you! This kind of news is at most just adding fuel to the fire; the fundamental reason doesn’t lie here. The key point is: Ethereum has now returned to the big range it has been oscillating in, between $2200 and $2800. As long as it doesn't break below this range, in my opinion, this is just a correction! It’s nothing serious, it’s just a question of earning more or less, why panic?
Let’s talk more about the Federal Reserve: Given the current situation, they really don’t dare to raise interest rates anymore, they can only hint at “waiting a bit longer for rate cuts.” But I’m convinced that a rate cut is only a matter of time! It’s just a matter of whether we can hold on until that rate cut comes. 200 Ethereum, veteran players know what that means.
Follow me, and I’ll help you see the essence through the phenomena, let’s navigate through the bull and bear markets together.
