Interest rates have been lowered, and Powell has spoken. Has the surge some people are dreaming of come true? Is it still bullish? It's all hanging on the mountaintop. We're advising everyone to escape the top and short sell together. Open one trade, and you'll have food money for the next few months. Open 10 trades, and you might even get a car. Anyone in this business must understand that when good news is exhausted, it becomes bad news. The good news of the rate cut was already priced in. Everyone knew it, and they bought in, expecting others to take over, not realizing they were the ones who did. Thus, cryptocurrency trading requires a heightened understanding. You can't make money beyond your knowledge. My trading doesn't have a 100% success rate, but it does have an 80% chance. So, keep an eye on me. Before placing a trade, consider my analysis. If the direction differs from yours, then read my reasoning before making a decision. This will be more reliable.

Holy crap! What's going on? Ethereum is experiencing its largest ever unlock, with $80 billion in selling pressure about to flood the market! What's really happening? Interest rate cut today! Will Bitcoin really skyrocket? Solana has two unexpected positive developments! Can it break through its previous high of $300 by the end of the year? What's causing the declines in Dogecoin and Pepe? Buy the dip here!

I've taken this trade! Bitcoin has finally reached 117,000. It's been rising recently due to the positive news of the interest rate cut. The rate cut will take effect tonight at 2 AM, and there's a good chance of a correction over the next few days as the positive news fades. So I'm starting to short at low leverage on rallies. BTC is now over 117,000, which is a perfect time to enter my first short position. Maybe it could even touch 118,000 by tonight after the rate cut. It's all possible. So I'm shorting at low leverage and entering in batches, not chasing high leverage. The market fluctuates wildly during Powell's speeches, so it's not suitable to open high leverage contracts. You can't hold onto them, and you won't sleep well, so why bother? After that, I plan to rebuild my position around the end of September to catch the bottom. Theoretically, there will be another rally in October and November, but that's a story for another time. Let's observe the subsequent trends of this interest rate cut and then adjust our strategy. Open trades aggressively every day.

Smash it for me!

I'm about to start trading! Touch the top on the left side and establish a short position. Any rebound in the cryptocurrency market before the rate cut is a dead cat bounce. The perfect short position for Bitcoin is still around 117,000. Short positions should be placed in batches at rallies, but it's also okay to build a small position at 116,000 a little earlier, as we already shorted it yesterday near 117,000, hitting the support level above 114,200. So now I'm waiting for another rebound to continue shorting. I also hold short positions at low leverages of around 1-3 times, including in smaller currencies. Why do I say low leverage? Because there's some uncertainty surrounding Powell's speech on the day of the rate cut. A decline is inevitable, but don't be too aggressive and leave some room for market fluctuations. A sharp drop after a rate cut isn't necessarily an immediate one; a volatile decline is quite possible. We've been aggressively bullish on Bitcoin from 107,000 to 117,000, but I'm no longer bullish at this point. This weekend, I'm telling everyone to take profits on altcoins at every rally high. Don't get caught up in the interest rate cut trap. The first wave of decline hit on Monday, but the decline may not be over yet. I'm planning to place some more short positions on rallies. I've placed low-volume orders between 116,000 and 118,000, taking as many as I can. I'm very hands-on. BTC's support is around 114,200-114,500, and the traditional support around 113,300 is also strong. I'll take profits at these levels depending on the situation. If you prefer a safe bet, avoid futures trading and wait and see, or just take a small position and wait for a dip to buy some spot stocks. This is a safer approach, depending on your risk appetite.

[Breaking News] The Dogecoin ETF has been approved! It will launch this week. Can the altcoin season revive? Don't misjudge! Market Opportunities! Jack Ma's Yunfeng Financial is entering the cryptocurrency market, and he actually bought this coin! With the Federal Reserve cutting interest rates this week, will Bitcoin really surge? Institutional holdings are undergoing a major adjustment! Are they increasing or decreasing their holdings?

Is it too much? Have you reached the target yet? Just follow me. Trust my judgment and I'll take you to the next level. Open an order every day and keep trading! 👻

MYX surged 20-fold. What's the outlook? Korean netizens are frantically buying WLD. Is it worth holding long-term? Powell is about to make a big move! Three major events will occur on the day of the interest rate cut. Will Powell's speech be hawkish or dovish? Major news for Litecoin, XRP, and ADA. Is a new era for altcoins coming? Let's discuss Bitcoin's future trends and the impact of the interest rate cut.

Is Bitcoin nearing its peak? I'll buy here! Bitcoin has now completely broken through the $113,500 resistance level and is expected to continue rising to around $117,000-$117,800. Of course, it won't rise in a straight line. Bitcoin has been experiencing ups and downs, so it's not that strong. I'll definitely short it if it reaches the target. The rebound from the $107,000 bottom to $117,000 has been a difficult climb. Today, BTC has reached $116,300, very close to the target. I'm curious to see if it can rise further. After all, there are still a few days before the interest rate cut, and this may be the last chance. If it hasn't reached that level by the time the rate cut arrives, I'll probably short it at a low multiple. I think the probability of the positive impact of the rate cut being exhausted is quite high. Then yesterday we talked about my bullish outlook on CPI, and I said that it might spike up and lead everyone to go long. As shown in the picture, BTC really spiked down to above 113,300. We went long from the lowest point and went up. It can be seen how important it is to make the right judgment. If it goes against the trend, there may be no recovery. Data and foresight are very critical!

It's broken! Ethereum has broken through the 4500 support level. Theoretically, it could rise to around 4650-4680. Besides the candlestick chart, the timing of the uptrend is also worth noting. Shuqin maintains her consistent view over the past two weeks: the cryptocurrency alt-season will likely continue until the eve of the interest rate cut, which is before next Thursday. So, for ETH, if you meet one of the two take-profit requirements, you can run. And yesterday, we also went long on Bitcoin with the CPI. Both prices are rising. We've capitalized on this market trend. Have fun everyone!