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There are several reasons why ⚠️ the market fell sharply last night
1️⃣ The Fed suddenly said, from the original three interest rate cuts to one, the expected discount of interest rate cuts is too large, resulting in a direct plummet, but it does not mean that there is no confidence.
2️⃣ The three major U.S. stock indexes collectively plummeted, the Dow fell 1.24%, the Nasdaq fell 1.62%, the S&P 500 fell 1.45%, popular technology stocks fell, Nvidia, Tesla, Meta fell more than 2%, Microsoft, Google fell more than 1%, directly led to the collapse of the currency circle.
3️⃣ Bitcoin has a week to complete the halving, which is good for cashing out and bearish.