One should not judge that the market will decline after this rate cut based on the decline after the previous two rate cut days.

One of the most important reference factors for me to determine the turning point is liquidity, which means what purpose the big players have achieved at this position. The current position of Bitcoin $BTC is not particularly critical; pushing it to this point does not complete a large-scale liquidation, so the Bitcoin positions are still held, and currently, there is no short position. Let's wait and see.

#BTC