🌹Tonight is destined to be a sleepless night, as the Federal Reserve's interest rate cut will be announced at 2 AM on Thursday, March 20🌼

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The ongoing fluctuations have long made many friends unable to hold back, and the interest rate cut event has been highly anticipated. From the market sentiment, most friends definitely hope for positive news, but the coin price has jumped down from a high building and has not been able to climb back up, which has caused many friends to lose confidence.
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However, there are now reports that interest rates will remain unchanged, and the Federal Reserve is highly likely to keep the federal funds rate in the range of 4.25% to 4.5%. This judgment is based on recent economic data, with the labor market still strong, and although inflation levels have moderated, they remain above the long-term target of 2%. Against this backdrop, the market does not expect the Federal Reserve to immediately cut interest rates, but is more focused on policy statements and Powell's speeches to gain clues about the future direction of monetary policy.
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In my personal opinion, if a hawkish stance is taken, Bitcoin will likely pierce through the 80,000 threshold and then consolidate at the bottom for a while to exhaust sentiment before recovering. If a dovish signal is released, Bitcoin will most likely directly break through the upper resistance of 85,000.
#pi #cake #mubarak #eth #btc