The Federal Reserve's interest rate decision is 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 actually correct.

Otherwise, the continuous cooling of the economy over the past few years could come to nothing.

But Trump is different; from his standpoint, he certainly hopes the economy can heat up quickly, especially with the midterm elections approaching. A strong economy can almost cover up all the negatives, increasing his chances of winning.

At the same time, he himself has made a lot of investments. As an 80-year-old man, I truly admire him; he has been striving for money and power.

Unlike him, at my thirties, I'm already thinking of taking it easy.

No rate cut aligns with market expectations; the market still needs to decide its direction on its own. The hope of relying on the Federal Reserve has now been shattered.

The market expects only one rate cut in 2025 and another in 2026...

Overall, this is not good news for the market. Many people predict 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 a rapid explosion; it needs a long time to settle.

At the same time, it also requires favorable news because funds follow the news; they will use information asymmetry to profit by pulling the market ahead of time.

Technically, Bitcoin has formed a converging triangle pattern, looking bullish in the future. However, I am not overly superstitious about technical analysis; it can be useful in a clear trend, but in this volatile market, technical analysis can only serve as a reference, remember that.