The Federal Reserve's interest rate decision has come out, and there is still no rate cut.
This is almost a consensus reached by the entire market; at this critical moment, Powell's choice is indeed correct.
Otherwise, the sustained cooling of the economy over the years could end up being in vain.
However, Trump is different; from his standpoint, he certainly hopes the economy heats up quickly, especially with the midterm elections approaching. A good economy can almost cover all the negatives, increasing his chances of winning.
At the same time, he has made a lot of investments himself. As an 80-year-old man, I truly admire him; he has been fighting for money and power.
Like I did, thinking about lying flat at this age.
No rate cut aligns with market expectations; the market needs to decide its direction on its own; the hope in the Federal Reserve has now been shattered.
The market expects only one rate cut in 2025 and one in 2026...
Overall, this is not good news for the market; many people judge that the market will explode in the short term, but I believe the likelihood of this happening is low.
In the short term, the market may see sharp fluctuations, but don't expect it to explode quickly; it requires a long time for events to settle.
At the same time, it needs to be complemented by favorable news because funds follow news; they will use information asymmetry to profit by pushing prices up in advance.
Technically, Bitcoin has formed a converging triangle pattern and is bullish moving forward, but I don't place too much faith in technical analysis. In a defined trend, it can be useful, but in this volatile market, technical analysis should only serve as a reference; keep that in mind.
2,
Generally, before good news is announced, smart money has already received the information and quietly enters the market to push prices up.
For instance, regarding Trump's tariff policies towards China, insiders had actually received the news long ago and began to position themselves in advance.
I just didn't expect Trump to dare to boast in public that his friends made billions using his information.
This is indeed quite bold; this may involve intentional market manipulation.
This is also one reason why I believe Trump's freedom will end after his presidential term; he is indeed too reckless.
Thus, smart money often gets news in advance and enters the market early.
However, after the good news was released, they began to quietly exit.
This is why the market often surges before good news is announced, but after the news is released, it starts to correct.
For example, regarding the Bitcoin halving, previously the market surged, especially Ethereum, which shot up to 4000.
As a result, after the good news was released, the market started to correct.
This bull market cycle is not a fast bull, but a slow bull.
A slow bull market will be very grinding and test investors' patience.
Most people will choose to surrender because they can't stand it; only a few can persist.
I hope that our friends in the crypto community stick it out to the end.
Never let a mid-course crash drive you away from the game.
In the process of a bull market, one will experience countless surges and drops, including the previous drop where Ethereum fell below 1300. How many people's mental states exploded and left the crypto world?
But as long as you persist, look, everything will come back.
It is actually quite difficult for long-term investors to lose money, provided that their investment methods and mindset are correct.
For example, if you invest in worthless altcoins and they drop more than 90%, you are still facing significant losses, and long-term investment is of no use.
3,
The entire market's focus is on the interest rate decision result from last night.
I went to bed early.
Because the outcome is already determined, there is no need to stay up for it.
The market today still shows no signs of improvement and remains volatile.
The only thing that interests me is Trump calling Powell an idiot.
In this regard, I still admire the Federal Reserve for ignoring Trump; aside from some verbal attacks, Trump has no other way.
Trump thinks about lowering interest rates just like we do, but based on U.S. economic data, he believes the current economic vitality is still strong. Although inflation has decreased, it has not yet reached the standard for rate cuts.
In fact, we don't need to overly expect interest rate cuts; otherwise, if the economy on the other side falters, we might suddenly lose everything.
Now everyone thinks beautifully; mainly, if I make a profit, I will exit.
As we mentioned earlier, when people actually make money, very few will exit; most will greedily want more.
Only when the market crashes and you can't bear it do you cut losses and exit.
After all, who doesn't want to achieve financial freedom in a bull market? Especially newcomers to the crypto world, their ambitions are sky-high, but their lives are fragile.
Everyone can look at those inexperienced investors around them who made some quick money; they walk with a swagger, their eyes at the top of their heads. When they encounter me, they think I'm insane for wanting to make money slowly; not making money when there is money to be made is foolish.
Of course, these inexperienced investors often meet a tragic end.
Some friends will awaken like I did, but most will struggle in the crypto world for a lifetime without understanding the truth of slowly becoming wealthy.
Keep it up, crypto community,
Welcome to follow me, let's traverse the bull and bear markets and see through the complexities of the crypto world.
