We don’t have much time left—Powell is about to “go on the offensive”!
This week’s rate cut may seem bullish, but there’s more beneath the surface. The cut is forced by circumstances, and after the rate cut at 3:00 AM on Thursday, Powell’s speech at 3:30 is likely to be extremely hawkish, laying the groundwork for not cutting rates next time. The market could be spooked.
Currently, the interest rate has dropped to the neutral rate of 3.5%, but inflation is still as high as 3%, far above the Fed’s 2% target, and the economy remains strong. The Fed has no reason to continue cutting rates. I expect the market to turn sharply downward after the rate cut and enter a period of correction. $BNB $XRP $SOL
I plan to set up 2x long-term short positions as prices rise. For those who want to play it safe, you can wait to buy the dip after next year’s crash. With a new chair taking office in the second half of next year and aggressive rate cuts, the market will enter a 3-5 year major bull cycle. It’s darkest before dawn—follow Musen, let’s seize the trend together and wait to cheer when the real “bull market” returns!
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We don’t have much time left—Powell is about to “go on the offensive”!
This week’s rate cut may seem bullish, but there’s more beneath the surface. The cut is forced by circumstances, and after the rate cut at 3:00 AM on Thursday, Powell’s speech at 3:30 is likely to be extremely hawkish, laying the groundwork for not cutting rates next time. The market could be spooked.
Currently, the interest rate has dropped to the neutral rate of 3.5%, but inflation is still as high as 3%, far above the Fed’s 2% target, and the economy remains strong. The Fed has no reason to continue cutting rates. I expect the market to turn sharply downward after the rate cut and enter a period of correction. $BNB $XRP $SOL
I plan to set up 2x long-term short positions as prices rise. For those who want to play it safe, you can wait to buy the dip after next year’s crash. With a new chair taking office in the second half of next year and aggressive rate cuts, the market will enter a 3-5 year major bull cycle. It’s darkest before dawn—follow Musen, let’s seize the trend together and wait to cheer when the real “bull market” returns!