The Federal Reserve's meeting ends, Wall Street shouts "Christmas"

Trump expressed dissatisfaction with the rate cut, believing it should have doubled to 50 basis points; was this shout of any use?

The overall market tone after the Federal Reserve meeting is "cautiously bullish"

The so-called 25 basis point cut by the Federal Reserve, decided at the concluded meeting, sets the rate to 3.5%-3.75%, with the voting result (9:3). It is well known that the Federal Reserve has approved the third rate cut this year and is expected to slow down the pace of future cuts, with only one rate cut expected next year.

To put it simply, the Federal Reserve's rate cut again is just in line with expectations, while the securities market is demanding larger and faster cuts, thus the stimulus for the US stock market remains relatively restrained.

The rate cut announced at three in the morning completely aligns with expectations; the market already knew the favorable news in advance, which does not count as real good news. It is not just a normal rise in line with the Federal Reserve; the law of reinforced concrete is (favorable news is just for show).

After the meeting, returning to the market, BTC has not been able to break through the high-pressure zone of 95000. A slight rebound from minor favorable data through news can be considered normal, especially since market sentiment has been so intense. In reality, it still broke below yesterday's starting point of 92000, with the lowest dipping below the 90000 mark.

In the early morning live broadcast, the thought process showed BTC at 93600 directly dropping. After the US stock market closed, the daily line fell back to 89300, with ETH similarly ambushing at 3430-3440. The live broadcast indicated that if the minor level dips below 3330, one could directly look at the 3200 mark. The so-called trading is about going with the flow and waiting for the trend! $BTC #加密市场反弹