Early Federal Reserve data suggests that a 25 basis point cut should be manageable.
Once the U.S. market news is out, I lean more towards shorting; otherwise, whether it's technical or news-driven, a rate cut generally leads to a decline. Since yesterday's bullish sentiment has already been priced in, tonight's move will definitely involve a pullback. Our upper-side short positions are at #PI #BTC #ETH .
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Early Federal Reserve data suggests that a 25 basis point cut should be manageable.
Once the U.S. market news is out, I lean more towards shorting; otherwise, whether it's technical or news-driven, a rate cut generally leads to a decline.
Since yesterday's bullish sentiment has already been priced in, tonight's move will definitely involve a pullback.
Our upper-side short positions are at #PI #BTC #ETH .