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Oh my god 😱 Looks like we’ll have to wait until year-end for rate cuts—this is gonna be a long wait.
The Fed’s FOMC meeting yesterday kept interest rates unchanged, which was in line with market expectations. However, Powell struck a hawkish tone in his remarks, causing Bitcoin to drop over 1% instantly. US stocks barely reacted and even kept climbing after the meeting; Wall Street is truly unstoppable. Meanwhile, Bitcoin remains stuck in a slump.
Trading with leverage ahead of major policy meetings is really never a good idea—the uncertainty is just too high. We saw a classic long-and-short liquidation squeeze right before yesterday’s meeting.
There’s another key economic data release at 20:30 tonight, so we just have to wait it out. It’s not that contract trading can’t make money; it’s that devastating losses come from trading at the wrong time, at the wrong price level, driven by excessive greed and fear.#鲍威尔4·29议息:任期收官之战 #白宫预告战略BTC储备重大公告 #预测市场监管战:CFTC起诉多州争管辖权
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