Let me talk about two things!

1: A group of whales is actively positioning for short trades, including the S&P, BTC, and ETH. They are shorting the Fed rate-hike narrative, betting that the Fed will raise rates and that prices will fall!

2: Another group of whales is going long, betting on the rate hike being officially delivered and believing the market can absorb its impact.
At present, the shorts outweigh the longs, with very solid reasons: Wall Street is basically 100% certain that rates will be raised!
The reasons for going long are even more solid: Everyone already knows there will be a rate hike with 100% certainty, so it will have little impact—the bearish news will have been priced in.

Things are very contradictory right now. To put it plainly, everyone is gambling!
Because the technical picture is currently right at a key level, and before the rate decision, the only economic data on Wednesday is the August month-on-month retail sales figure. There is nothing else to use as a reference, so the situation is very contradictory.

Over the next few days, there is no need to feel frustrated if you cannot make sense of the market!

My suggestion:
If you really want to open a position, it would be better to follow the technicals, because they are more straightforward, and support and resistance levels are relatively easy to identify.

If you want to position for a mid-term trend, it is best to wait and observe more. Otherwise, it is easy for the whales to fight while we suffer.
Because we are not whales, and managing our positions is very difficult.#美联储加息会议 #每周来晒