The Fed’s latest decision: the target range for the federal funds rate will remain at 3.75%–4.00%, with a 10–2 vote. Two committee members favored a 25-basis-point rate hike, and the statement also noted that inflation remains elevated.
They held rates steady this time. The market still has to digest tonight’s GDP, PCE, and initial jobless claims data, so short-term volatility could remain significant.
$BTC I’m keeping an eye on 80,200 and 79,600 for now. If the price gets back near those levels, I’ll assess support and the market’s reaction, and consider going long in stages. If it doesn’t get there, never mind.
Hopefully it drops enough for me to take a short-term long position. If it keeps rising, there’s nothing I can do—I'll just wait for another opportunity.
#美联储何时降息？ #interest rates
They held rates steady this time. The market still has to digest tonight’s GDP, PCE, and initial jobless claims data, so short-term volatility could remain significant.
$BTC I’m keeping an eye on 80,200 and 79,600 for now. If the price gets back near those levels, I’ll assess support and the market’s reaction, and consider going long in stages. If it doesn’t get there, never mind.
Hopefully it drops enough for me to take a short-term long position. If it keeps rising, there’s nothing I can do—I'll just wait for another opportunity.
#美联储何时降息？ #interest rates
