🔥🔥🔥Brothers, yesterday the Federal Reserve made a historic interest rate cut, and everyone had their scripts ready: the water has come, the bull is back, let's charge!
But what happened? The market gave us a performance of 'Hawkish Rate Cut: The Quantum Bull'—Bitcoin dove up to $5000, and just as everyone was lifting their champagne, Powell said, 'We might only cut once next year,' and it dove back down $4000.
The classic summary across the internet: 'Rate cut 25bp, volatility $2500—this wave was Powell cashing out at the ATM.' The essence! We retail investors were hoping for a floodgate to be opened, but what we got was a 'coupon for next time.' Market sentiment shifted directly from party mode to sage time, professionally volatile, leaving people in awe.
Various groups' reactions:
· Old vegetables: Good news! All... wait, why does this good news wear the vest of bad news?
· Spot traders: I remain steadfast, up or down, it’s all scenery.
· Contract traders: (Account balance) The scenery is gone, the dog is gone too.
· Miners: Is the electricity cost a bit lower? Let’s pop a champagne lightly.
· Air coin project parties: Is the rate cut narrative over? No, our 'new narrative' has just begun!
In the end, what the market wants is not a penny-pinching rate cut, but a clear expectation of a loose monetary cycle. Powell's 'hawkish stance of cutting while tightening' essentially tells the market: money can be given, but no partying.
So, is the bull still around? The bull might just be tethered by a 'hawkish leash' for a walk. Looking long-term, the door to rate cuts has indeed been cracked open, but for a short-term violent surge? Sorry, the Federal Reserve says: please follow my rhythm.
The market has now completely entered a chaotic phase of 'listening to the chatter, watching the data.' What comes next is either a period of oscillation and accumulation or the end of good news? Share your script in the comments!

