Federal Reserve Meeting Sends Dovish Signal

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Good morning, brothers. The guy who bought the bottom in the past two days made a lot of money. However, he would not buy the bottom in the first two days of the short position because he wanted a lower price. BTC was pulled down by 10%, which caught many people with short positions off guard.

Ahead of this week's Federal Reserve meeting, Wall Street's major investment banks have scaled back their expectations for how much the Fed will cut interest rates this year.

However, yesterday's Federal Reserve meeting sent a dovish signal, revealing that it may cut interest rates for the first time in June, and it is expected that there will be three interest rate cuts in 2024.

In addition to the Federal Reserve, the Bank of England may also cut interest rates in June this year.

Every time there is a big drop, there will be many big Vs and KOLs who sing the negative and say some exaggerated words.

Because they themselves also suffered losses and fell into great fear.

But if we use data and logic to research like we do, the accuracy will be improved a lot, at least it will not be empty and the position will be full! When investing, avoid being disturbed by greed and fear, and use data and logic to make judgments. #ETH #BTC

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