Lael Brainard's speech has ended, briefly discussing today's surge in sentiment regarding the Federal Reserve, with former President Trump following up with criticism.

First, at 3 AM, Hassett mentioned that the Federal Reserve can absolutely cut interest rates by 50 basis points or even more, causing the market to rise from below 92,000 to above 93,000. From this point, it was clear that it was a bullish market, and I had also indicated that the market would rise ahead of time. There were also some confused individuals who were unafraid to challenge the panic.

At 3 AM, a 25 basis point rate cut was announced, and the market had already largely digested this news. The market once again rose near 93,000 before beginning to pull back to the 92,000 range for consolidation (a minor bullish signal).

The Federal Reserve will purchase $40 billion in Treasury bonds within 30 days, and the Federal Reserve in Milan supports a 50 basis point rate cut. The probability of pausing interest rate cuts in January next year has increased, with a likelihood of 78% for rate cuts.

At 3:30 AM, Lael Brainard held a monetary policy press conference, and first, he said what everyone loves to hear: 'Good afternoon.' The labor market seems to be gradually cooling, and inflation risks are leaning upwards. The main reason for the surge, he believes, is that currently, no one expects an interest rate hike as a baseline. The absence of a rate hike indirectly indicates (a significant positive) that many believe there should be rate cuts or even more.

The market once again surged to above 94,000.

Today's midday strategy was to buy on the pullback near 919, and during the evening market open, the price pulled back to around 917, where I directly entered a long position looking at 93,600. After breaking that level, I reduced my position and continued to look upward. Avoiding hindsight trading allows one to create their own space in the trading market. $BTC #加密市场反弹