Fed’s Waller makes an ultrafast “U-turn”!

At 17:02, he struck a hawkish note: inflation is too high, and he supports a 25- or even 50-basis-point hike in December. Then, just an hour later at 18:10, he immediately sought to reassure markets: “We’re not super hawkish” and won’t hike rates by a whopping 150 or 200 basis points.

This is a classic “expectations management” tactic: first float the worst-case scenario to scare the market, then step in to soothe it—a slap followed by a sweet treat. $BTC $ETH #CPI前瞻,12月利率走向迎关键考验

When officials keep changing their tune, don’t chase rallies or sell into dips and get hit from both sides. Listen to what they say, but watch what they do. Now that extreme rate hikes have been ruled out, there’s a floor under the market in the medium to long term. The dip caused by the news is an opportunity. Manage your position size, keep your defenses up, and go with the trend—that’s the way to win! 🍻