💸😃😗😳😔
The main points made by the Fed Chairman during the hearing on the semiannual monetary policy report before the Senate Banking Committee:
➡️The economy remains strong, and the unemployment rate is stable
➡️Inflation has come closer to the long-term target of 2%, but it is still high
Because the economy is still strong, the Fed will not rush to cut interest rates and will maintain its stance on reducing inflation to 2%.
Combined with the bad H4 close of BTC, please help me cut the long ETH position with FX in the afternoon.
Tomorrow, there will be CPI news; if a bottom is created, I will buy back.