The interest rate remains unchanged at 5.5%. This time the market once again demonstrated the classic high-rise fraud technique. Yesterday I felt that the market was not right and felt the signs of the bulls retreating. Fortunately, I followed the prompts and exited in time, otherwise I might have suffered a heavy blow in the morning, especially when Pepe Trubo withdrew across the board when prompted.

The most important thing about playing contracts is to respond flexibly and make profits in a one-sided market. In the face of this kind of wash market, it is best to keep a low profile, because being high-profile will only die faster.

Yesterday I saw too many people around me doing longs, which made me feel uneasy. Fortunately, I ate Trubo and Pepe's small pull-up and exited in time, and slept quietly at night. Personally, I think the market in August will not be too good. At least in the first half of the month, it will be mainly wash-out, and the main purpose is to clean up contract users.

Many people are speculating that there will be a 100% interest rate cut in September, but is the interest rate cut really a positive or negative?

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