Woke up and the weather has changed, as expected it has risen first. So the earliest by the end of September, at the latest by late October – it has turned back into the world of knockoffs and $ETH .
But we still have to wait until today's daily closing, it would be best to recover 4650. Last night before the broadcast ended, it was already a bit strong and unwilling to go down, I bought a few hundred u's worth of today’s put options and they are about to go to zero 🥲
Originally thought it would wash a bit and then rise, must fiercely claw back from the knockoffs
A 25 basis point cut is in line with expectations, but the dot plot indicates at least another 50 basis points of cuts this year.
Powell's speech also began to address the recently overlooked issues of unemployment and inflation.
Fortunately, there was no surprise cut, otherwise, the crypto market would not even have had time to catch its breath.
$ETH Short-term fluctuations are only 120 points, and there are currently no masters. After all, it hasn't broken yet, but it's not recommended to go long in the short term. We'll see tomorrow after waking up.
Last night's live broadcast review $ETH revenge order is still held.
On the morning of the 18th, the Federal Reserve began a new round of interest rate cut expectations, with the market still expecting a 25 basis point cut, but in the past two weeks, institutions and investment banks have begun to hedge against the risks posed by a 50 basis point cut.
Additionally, the dot plot on the morning of the 18th has become very critical, which could mark the beginning of a new round of interest rate cuts by the Federal Reserve!
Personal opinion as shown in the picture~ $BTC 18 can be considered as the start date for low-leverage short positions in Bitcoin.