9.17 Accurate Market Analysis

Happy Mid-Autumn Festival, brothers!

BTC pulled back to $57,800 yesterday and started to rebound today.

At 2 a.m. this Thursday, the Federal Reserve announced its interest rate decision,

cutting by 25 basis points or 50 basis points, and the current probability is 50-50.

This is the first interest rate cut since 2020.

Whether the interest rate cut is 25 basis points or 50 basis points,

it doesn't matter much,

the key is that this is a big trend,

the more important question is where the Fed will eventually go,

and how long it will take to reach its destination.

It is expected that by July next year, the benchmark interest rate will drop from a 24-year high of 5.25% to 5.5% to 3%.

A new wave of bull market in the currency circle is really brewing,

don't lose confidence in the market, just hold it.

Otherwise, you can only chase high when it rises.

FTM, yesterday it rose 10% to $0.5, the project is strong, the target is $0.9

CHR, long-term target $1, various ecosystems are developing, the main game public chain, benchmarking IMX

STX, the upgrade will be completed at the end of the month, the big ones are not coming yet, continue to hold

Klay and Astr, South Korea and Japan national chains

POL performed poorly after the currency swap, swapped FTM, CHR, STX

TIA has another wave, brothers who bought it will hold it until $6 and then sell it