Will the Federal Reserve Cut Rates Tonight? Three Major Questions Will Determine the Direction of Global Markets

At 2 AM Beijing time on Thursday, the Federal Reserve will announce its October interest rate decision, followed half an hour later by a press conference from Chairman Powell. In this 'super week' filled with decisions from the four major central banks of the US, Europe, Japan, and Canada, as well as the earnings reports from tech giants, this decision is undoubtedly the most closely watched core event.

Tonight, I won't provide too much analysis, as technical indicators are worthless in the face of news. My suggestion is to trade lightly and go long.

Go long on Bitcoin in the 111500-112200 range, with a target looking at the 116000-117000 range, and a long-term target continuing to look towards 120000.

Go long on Ethereum in the 3940-3980 range, with a target looking at the 4150-4200 range, and a long-term target continuing to look towards 4400.

Due to the significant impact of news, it is essential to strictly maintain defensive measures, as this is the key to your survival $BTC $ETH #加密市场回调 #美联储降息预期 #法国比特币战略储备计划