The Federal Reserve announced its interest rate decision in mid-September. A rate cut, a sure thing! But by how much? Does it meet market expectations? What about the dot plot? And how will the press conference after the decision explain the number and magnitude of rate cuts expected this year? These are crucial factors that determine short- and medium-term market fluctuations. But honestly, everyone knows about the September rate cut, right? You know it, I know it, and the institutional investors and the big players know it even better. So, the market has already been predicting this rate cut. As for the number and magnitude of rate cuts this year, I guess it's time to play it safe again, so don't get too excited... This Bitcoin rebound will continue until the Fed's interest rate decision on September 18th. It's going to go as high as it can! This is a period of trend selling. Don't rush into a full position or even increase your leverage just because the rate cut has begun! The best time to sell Bitcoin is before and after the rate cut is realized! However, it's hard to say about Ethereum and some high-quality altcoins... They may have one last surge... Or maybe not. It's not fun, so it's better to go short. I think you can outperform 90% of the market... What we need to do next is defend, not go all-in! Wishing everyone good trading~ #BTC
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