$BTC
Yesterday, the market reached 93200, and the probability of the Fed cutting interest rates rose to 85.7%. Who is still bearish now? Maybe I am the only one in this market. Although I was severely slapped in the face yesterday, I still won't give up. Yesterday, I posted on the square that I didn't short because the data did not meet my expectations. I can fully understand that the dog dealer suddenly pulled the market yesterday, because the probability of the Fed cutting interest rates in December suddenly soared. From the current data, it is indeed likely that the Fed will cut interest rates in December, but any black swan event is an unexpected problem. My underlying financial logic is also very simple. The US 10-year Treasury bond yield is 4.48, and it will soon be 4.5. The US benchmark interest rate is only 4.5 to 4.75. To be honest, there is no reason to cut interest rates at all? I won't talk about the problem of the inverted yield of US Treasury bonds. If the interest rate cut causes the benchmark interest rate and Treasury bond yield to invert, it will be even more outrageous! If they do this, it can only mean that the Fed is promoting the occurrence of black swan events. International finance is so interesting. There are always things that violate economic common sense. This is the fundamental reason why humans can never get rid of economic cycles, because someone is always controlling everything. I will never admit defeat in the face of dog dealers. I must find the top💪(•_•💪)