The Federal Reserve’s interest rate upper limit decision will be announced early tomorrow morning. The market expects 4%, higher than the prior 3.75%. If the outcome turns hawkish, it will suppress market risk appetite and weigh on the market, pushing prices downward; if it turns dovish, it will trigger a short-term rebound. The market is already in a weak condition, so pay close attention to the volatility after the data is released. Maintain the short-on-rallies approach, keep position defense in place, and wait for the data to guide the direction.
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