Good news is followed by bad news. So will there be an immediate plunge after the interest rate cut?
The monetary policy meeting on December 11 is coming, but looking at the short-term trends after the last three interest rate cuts, it doesn't seem very promising.
Last December's interest rate cut saw Bitcoin spike on the same day, then quickly retreat and enter a period of volatility.
In September this year, after the interest rate cut, it directly formed a short-term peak, lingered for ten days before hitting a new high, and then started to fall again.
Recently, at the end of October, it didn't even pretend; it started to drop the day before the interest rate cut and has continued to decline since then.
In fact, the interest rate cut does not necessarily lead to an immediate plunge, but it can indeed create pressure in the short term.
Don't just pay attention to the news; the trend itself is more real.
Next, continue to lay low and strategize; those who want to join in, let's go!!!
