The Federal Reserve’s old Powell meeting concludes, Wall Street calls for “Christmas”

Old Trump’s statement on the rate cut is not very satisfied, he believes the cut should have doubled to 50 basis points. Is this statement useful?
The overall market tone after the Federal Reserve meeting is “cautiously bullish”

The so-called 25 basis points rate cut by the Federal Reserve, announced at the end of the FOMC meeting, decided on a 25 basis points cut to 3.5%-3.75%, with the same voting result (9:3). It is well known that the Fed approved the third rate cut this year, and it is expected that future rate cuts will slow down, with only one cut next year.

To put it simply, the Fed’s rate cut again is just in line with expectations. The securities market is pushing for larger and faster rate cuts, so the stimulation to US stocks remains relatively restrained.
The rate cut announced at 3 a.m. fully aligns with expectations. The market could have predicted the good news in advance; it’s not just a normal upward movement with the Fed. The ironclad law is that (good news is just a show).

After the meeting, back to the trading chart, BTC has not been able to break through the 95,000 resistance zone. A small rebound driven by minor positive news is normal. Given the market sentiment has been so intense, the actual movement still broke below yesterday’s starting point of 92,000, with a low dip below 90,000.

At 3 a.m. during the live broadcast, Bitcoin directly hit 93,600. After the US stock market closed, the daily line retreated to 89,300. Ethereum also retraced to 34,30-34,40. During the live, it was suggested that a small retracement below 33,30 could directly target 3,200. The so-called trading is to go with the flow, wait for the trend!#美联储降息预测 $BTC $ETH