Many analysts say that the big trend of the Federal Reserve cutting interest rates will come in June and July. Personally, I think it won't be easy. Don't forget the impact of Japan's interest rate hike.

The Bank of Japan's interest rate hike plan in 2025 mainly focuses on July and September-October, with a gradual increase in rates from the current level to 0.75%, and possibly further rising to 1.00% in early 2026.
Looking back at the interest rate hikes on July 31 last year and January 24 this year, within about a week after these two hikes, the vast majority of long positions were basically buried. This risk must be guarded against. If this year you insist on shorting at highs and reducing longs, I believe your survival rate will significantly increase.