Brothers, good morning! 🌞🌞
Recently, #大饼 has been hovering around $113,000, and the dog market has been consolidating, actually waiting for the Federal Reserve's interest rate cut signal.
Some say a cut is coming, while others say it won't. Big players are also observing.
Tonight at 10 PM, Powell will speak, and a direction is likely to emerge:
If he directly states a rate cut in September → it will be a major positive, signaling the counterattack.
If he doesn't mention a rate cut but hints at future easing → it will also be positive, as the market will start to speculate in advance.
If he takes a tough stance with no expectation of a rate cut → it may mean another decline.
By the way, major player Huang Licheng is currently facing a paper loss of nearly ten million dollars on long positions; when such big shots start to feel the pressure, it often signals a change in the market.
Therefore, tonight is crucial. Don't go all in; wait for Powell's words, and the market will provide the answer.
