Several reasons for the sharp drop last night: The Federal Reserve suddenly announced that the rate cut would be reduced from three to one. The expected discount of the rate cut was too large, which led to a direct plunge, but it does not mean that there is no confidence.

The three major U.S. stock indexes fell collectively, with the Dow Jones Industrial Average falling by 1.24%, the Nasdaq falling by 1.62%, and the S&P 500 falling by 1.45%. Popular technology stocks fell across the board, with Nvidia, Tesla, and Meta falling by more than 2%, and Microsoft and Google falling by more than 1%, directly leading to the collapse of the currency circle.

Bitcoin will be halved in one week, and the positives will turn into negatives. Don't be discouraged. The sharp drop is not a big trend at all. After the fall stabilizes, it is a good opportunity to buy the bottom in batches. Sooner or later, it will rise back. Wait and see first, and remember never to go all-in.

Spot bears the pain for a while, and the exchange will not be opened in the near future. The number of coins has not decreased. And those who play contract explosions can't go back!

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