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👉 https://www.gate.com/announcements/articl - 🌕 Gate Square · Creator Incentive Program Day 10 Topic– #Fed Cuts Rates By 25 Bps# !
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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📈 OP trend interpretation: From silence to explosive power?
In recent days, the trend of OPEN has entered a relatively calm sideways consolidation range, with the price oscillating between 0.82 and 0.90. Don't be fooled by its current lackluster performance; this kind of "bottoming out" rhythm is often a precursor to large funds quietly accumulating.
Technically speaking:
Support below: around 0.82, has been defended multiple times, with clear buying interest.
Target above: Short-term focus on 1.00, if it can break through, it is expected to open up an upward space of 1.40 – 2.00.
Risk control: Be cautious if it falls below 0.80, and it's best to set a stop loss.
📌 My opinion:
Opportunities in small cryptocurrencies are like a spring that, the longer it is compressed, the more violently it will rebound. There may be fluctuations in the short term, but once the trend is confirmed, the speed of the surge will be very fast.