Tonight the Federal Reserve will cut interest rates, and Powell will speak again. Are you afraid?

The global capital markets will focus on tonight's Federal Reserve interest rate decision for December. The market generally expects a 25 basis point cut, but the key factor is whether it will be a hawkish cut, which will directly determine the short-term sentiment of the U.S. stock market. Major indices of the U.S. stock market are already approaching previous highs. In the short term, there is inherent pressure for adjustment, making the significance even more subtle.

Finally, let's discuss the deeper logic. Regardless of whether the stance tonight is hawkish or dovish, whether the cut is large or small, it is just a small rhythm within the expansion cycle. At most, it will allow the market to wash out some positions based on expectations and stir emotions. It will not affect the normal slow bear trend of the market. The issue is not the interest rate cut itself; it does not solve the problems across the table. What can solve their problems is when the next round of large-scale QE will come. We can focus on the results. In the short term, manage positions well, maintain a bearish outlook in the medium to long term. When the market rises, it will create new wave nodes and opportunities, so keep a good rhythm✊$BTC