Several reasons for the sharp drop last night
1️⃣The Federal Reserve suddenly announced that the original three interest rate cuts would be reduced to one. The expected discount for the interest rate cut was too large, which led to a direct plunge in the market. However, it does not mean that there is no confidence.
2️⃣The three major U.S. stock indexes plummeted collectively, with the Dow Jones Industrial Average down 1.24%, the Nasdaq down 1.62%, and the S&P 500 down 1.45%. Popular technology stocks fell across the board, with Nvidia, Tesla, and Meta down more than 2%, and Microsoft and Google down more than 1%, directly leading to the collapse of the cryptocurrency market.
3️⃣Bitcoin will be halved in one week, and the good news will turn into bad news.
Don't be discouraged. The sharp drop is not a big trend at all. After the drop stabilizes, it is a good opportunity to buy the bottom in batches. Sooner or later, it will rise again. Spot bear the pain for a while, just don't open the exchange in the near future, the number of coins has not decreased. But those who play contracts and blow up their positions can't go back! #比特币减半 #CPI数据 #大盘走势 #
