There may be a downward trend next.

First of all, the probability of something going wrong at the beginning of the interest rate cut is indeed not low.

Secondly, at the beginning of the interest rate cut, the real economy and liquidity are still in a pessimistic state.

In addition, it is speculated that due to the interest rate cut entering a downward cycle, there may be leverage clearance. To put it bluntly, borrowers pay back the money and then borrow it out after the interest rate drops. In this way, funds will also flow out in the short term.

Especially in the currency circle, when the big bull market starts, the main force (dog dealer) is more likely to find reasons to go to the sulfur plate and wash the plate to absorb funds.

$BTC