The market is moving in the expected direction, with the Fed's 25 basis point rate cut in the early morning falling within expectations, and the halt of balance sheet reduction in December, starting point shaving, all of which are favourable information.

What was unexpected was that Powell's statement about a rate cut in December, along with hawkish remarks on the board, caused market sentiment to plummet, leading to a sharp decline in the market.
Point shaving + "one bearish candle breaks three", the market has not yet stabilized, hold off on bottom fishing for now, short-term market sentiment is bearish, be cautious.
#降息预期# #BTC