🚨For Beginners..
Tomorrow the Fed will cut interest rates, and then?
⚠️1st Point: Remember again, there have been two cuts, one in September and another in October, and there have only been strong declines!!
⚠️2nd Point: Smart money (the one that controls the market) can use the optimism of many and force a decline, (be careful with leverage)!
⚠️3rd Point: Many fall into FOMO and leverage themselves with loans, many longs, smart money can push asset prices down to liquidate them.
⚠️4th Point: More than 80% of the market is at a loss, waiting for a certain point to sell for profit, or with less loss, so any rise will have strong selling pressure.
⚠️5th Point: Why would smart money blow up the market just when the majority is bullish? Wouldn't it be better for them to continue declining, making more people give up, only to then raise the market? Be careful with excessive exposure.
⚠️All of this mentioned, only short term, in my analysis I still believe in a rise for the medium term, especially for Eth. Note: altcoins so far, even some with ETFs, are almost all dead, in a strong downtrend across all time frames so far.. Be careful with
Leverage. We continue observing. 👀
