#美联储降息25个基点# #Gate广场创作点亮中秋#
The much-anticipated "Federal Reserve's September rate cut" drama finally came to a close last night, with the Fed ultimately cutting rates by 25 basis points, a decision that was not particularly suspenseful. Only one Fed governor voted against it—Milan, the White House economic advisor who just joined the Fed on Tuesday, called for a 50 basis point cut. After the meeting, Fed Chair Powell's speech also leaned dovish, mentioning that the Fed's focus will shift from controlling the inflation rate to preventing a decline in employment conditions. The dot plot also shows that among the 19 officials, 9 believe the Fed will cut rates two more times by the end of 2025, with an expected total rate cut of 75 basis points for the entire year of 2025, which is undoubtedly a significant positive for risk assets like Bitcoin.
Last night, having gotten used to a health-conscious sleep, I chose to stay out of the market overnight, mainly to avoid the potential fluctuations in prices after the interest rate cut news came out. This morning, after reviewing the interest rate cut results and Powell's speech, I decisively decided to enter the market and go long. I chose Hifi, which had previously yielded a hundred times profit for me, as my target. After a 90% drop from its peak, it had been consolidating at a low level for a while, and the adjustment was quite sufficient. I decided to go long with 5x leverage. Just before noon, there was a surge, and I closed all my positions. Currently, I am out of the market and looking for new targets. Regarding Hifi, I advise everyone not to enter it anymore. From a fundamental perspective, the most attractive point about this coin is that not long ago, a certain exchange delisted its spot and contract trading, which to some extent achieved decentralization at the exchange level. The consolidation was quite thorough, but this is also its most disadvantageous point; liquidity will be relatively scarce, making it difficult to support long-term speculation on the token.
After the interest rate cut yesterday, although Bitcoin experienced a dip, the amplitude was not large, and there was no decline due to "good news fully priced in." Bitcoin fluctuated and rose after a brief drop, currently reported at 117,400. ETH performed relatively weakly, while SOL showed the strongest performance, currently reported at 247. I believe that the market will continue to rise in the short term until Bitcoin breaks through a new high again. I plan to go long with half of my position at the current price, with 50% of the position buying SOL and the other 50% going long on a relatively strong altcoin recently. The remaining half of the funds will be kept for when the market drops, to increase the position.
Currently, the most promising sectors, besides the popular AI and RWA tracks, I believe the meme track is also worth paying attention to. There are two reasons for this:
1. In this round of market trends, the meme sector has the smallest increase and there is a demand for a catch-up. Since the last round of the market when Bitcoin broke through 124,500, meme coins have performed relatively weakly and have undergone sufficient adjustment. Considering the current situation of frequent sector rotation, I believe that once funds start to pay attention to the meme sector again, it will welcome a new round of explosion.
2. The listing of the Doge ETF has sparked expectations for the listing of other meme coin ETFs. If Doge rises again after a sufficient adjustment, it is very likely to drive the entire meme sector to take off.
Some may say that the meme sector has a huge market cap, so how do we choose coins? I am more optimistic about Doge and Moodeng.
Doge: This doesn’t need much explanation, the ETF listing will bring in a massive amount of capital that will push the price up in the long term. Don’t be discouraged by the short-term adjustments over the past two days. For Doge, I believe holding in the long term is the way to go!
Moodeng: As a relatively active coin in the meme coin sector, Hippo always leads the charge during meme surges. This is related to its strong popularity, active community, and continuous technological advancements. MOODENG is developed on the Solana blockchain, with a block confirmation time of 0.4 seconds and transaction fees below $0.01, supporting high-frequency small payment scenarios. It is deeply integrated with the Pump.fun platform, and the current price is around 17, making it a good opportunity to get involved.
It's almost Friday again. Following the trend of the past few weeks, our favorite altcoins are about to arrive. Will this weekend's spotlight belong to the meme sector? Or will it belong to other coins? What does everyone think? Feel free to leave a message!