Click on the link to enter the meeting: https://meeting.tencent.com/p/7277739262 Last night, our live broadcast room was always open regarding the Federal Reserve's interest rate cut. In the end, I remained steadfast in my idea and led everyone to empty space. Both the entry and exit points were very exciting. I would like to explain the main issues regarding the current implementation of the Federal Reserve's interest rate cuts as follows: 1. Interest rate decision: cut interest rates by 25 basis points, in line with market expectations. 2. Policy signal: Powell stated after the meeting that whether to cut interest rates again in December is "far from a certainty", sending a cautious signal. 3. Stop reducing balance sheet: The Federal Reserve has decided to officially end the "balance sheet reduction" (downsizing of the balance sheet) on December 1st. 4. Internal opinion: There are two opposing votes in this interest rate decision. One director advocates a more aggressive 50 basis point interest rate cut, while the other advocates keeping the interest rate unchanged, indicating internal divisions. Overall, the Fed's interest rate cut this time is a fully anticipated "boot landing" by the market. Despite continuing to cut interest rates, Powell's uncertainty about the future policy path, especially regarding the December rate cut, has cast a veil over the market. This means that future interest rate decisions will be highly dependent on subsequent economic data releases, which is also a significant reason for the decline in cryptocurrencies. The live broadcast room is currently explaining how to proceed with the next market trend and the use of technical indicators Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
