Attention everyone, the whole square is talking about a big market trend tonight, but no one is telling you exactly how to seize this opportunity. Listen to me, if anyone tells you to short today, just unfollow them all. Don’t rush to refute, let me explain it to you step by step.
First of all, everyone already has expectations regarding the results of tonight's Federal Reserve FOMC meeting. So does this mean that even if there is no interest rate cut, it is still within an acceptable range? Even if the market experiences a brief downturn, it will be very limited. Take Bitcoin, for example; it rises, then consolidates, and every time it consolidates, there are various negative news reports, but this does not affect its subsequent rise.
On another note, the governor of New Hampshire has signed bill HB302, making it the first state in the U.S. to include cryptocurrencies in its strategic reserves. According to the bill, the state government can invest up to 5% of funds in precious metals and cryptocurrencies with a market value exceeding $500 billion, with a potential investment amount of $280 million to $770 million. Currently, the only eligible cryptocurrency is Bitcoin.
This marks a new stage for the U.S. in compliant cryptocurrency investment, and is expected to encourage more states to follow suit. In the long run, this is an epic positive for Bitcoin, likely to change its status in the eyes of investors.
The last point is the key factor triggering the market downturn: tariffs.
China and the U.S. have decided to hold talks in Switzerland, and there is hope that tariff benefits will materialize! After the tariff talks, there will definitely be some reductions; otherwise, the talks would be meaningless (but don’t be too optimistic, the probability of a complete cancellation is low; a reduction is already a positive).
From the first interest rate cut in September 2024, it is destined to get better and better. Although there may be setbacks along the way, no matter how many setbacks occur, things will not get worse. As long as you understand this essence and combine it with Bitcoin's trend, it becomes very clear. So don’t let whether or not there will be an interest rate cut tomorrow affect your judgment, and don’t gamble that no rate cut will lead to a big drop, and then short; gambling will only lead you to despair.
As more countries participate, it will become increasingly difficult for retail investors to make money in the crypto space. If you only listen to news without understanding the technicals of the charts, you will only be at the mercy of various major players and institutions.
