nagasuriya

🚨 Breaking:
The American President Trump was asked directly whether the new Federal Reserve Chair would be required to lower interest rates immediately.

His answer was one word: "Yes."

This statement came before the Federal Reserve's decision on whether to lower rates tomorrow.
Does this mean that whether Jerome Powell decides to lower rates tomorrow or not, the next Federal Reserve Chair will lower them immediately, hence the market is reacting positively to the news.

It is noted that there is a lot of talk about Jerome Powell leaving before the end of the year.

$LUNA $USTC

#TRUMP
#TrumpVsPowell،
#CryptoNews

$BTC short
Entry Zone: 89,400 – 89,700
Stop-Loss: 90,350
TP1: 88,900
TP2: 88,300
TP3: 87,800

{future}(BTCUSDT)
#BTCVSGOLD #BinanceBlockchainWeek
#BTC86kJPShock #WriteToEarnUpgrade #USJobsData

Time for the cryptocurrency market is running out... Powell is about to launch an attack!
Don't think that a rate cut means everything is fine; the more terrifying part will be Powell's speech. This rate cut can be said to have been forced; Powell previously stated he did not wish to cut rates, so after the rate cut at 3 AM on Thursday, Powell will deliver a speech at 3:30 AM, likely very hawkish, paving the way for not cutting rates next time, which will scare the market.
Because after next week's rate cut, the interest rate will reach the neutral rate of 3.5%, not much different from historically normal rates, and it no longer counts as a restrictive rate. In contrast, inflation is still rising, already at 3%, far above the Federal Reserve's target of 2%, and the economy remains relatively strong, so the Federal Reserve actually has no reason to continue cutting rates, which has also been Powell's earlier viewpoint.
Therefore, I expect that after next week's rate cut, the market may start to plummet rapidly and undergo a correction for a while; everyone should be well-prepared. Personally, I am positioning myself with double long positions on high, and coupled with the bearish market environment, I believe the odds are greatly in my favor. If you prefer to be cautious, then do not trade; just wait to buy the dip after next year's crash, because the situation will start to improve in the second half of next year, and Trump will appoint a new chairperson to implement aggressive rate cuts, then the water will come, and the market will start to rise, potentially entering a major upward cycle lasting 3-5 years.
So the next six months can be said to be the darkness before dawn; the bull market is just tired, taking a half-year vacation, and in the second half of next year will return to work. Everyone stay alert, and let's work together with Benqin to navigate this market and rewrite our destiny!