Whenever BTC and ETH reach a critical moment, the market will give two voices,
This interest rate cut is no exception, as most people have seen all the good news,
Because the Federal Reserve only rushes to cut interest rates when it feels that the economy is going to have problems, such as:
The Internet foam burst in 2001;
The 2007 financial crisis;
And also in 2019 and 2020.
According to history, there have indeed been plenty of good news, as well as interest rate cuts and price increases,
September is the starting month of the knockoff season, and even if interest rates are cut and the market is hit hard, it won’t be much of a blow,
If the interest rate cut chooses to smash the market, then October and November will also be acceleration months;
If the interest rate cut chooses to raise, then October will be a month of correction.
There will be no major collapse, only when the shanzhai has basically reached its end will there be a major collapse.
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