The Fed cut interest rates, but the market's reaction doesn't seem to be that significant.
Yesterday, Bitcoin had a short position winning streak for 6 days, and I also went long on a position, which means I profited from both sides. As a result, after the interest rate cut, there was just a bit of volatility, not even as intense as when the CPI was released.
However, structurally, this rebound of Bitcoin may be more complex. If it hits a new high, it will reach the position of the minor trend line, in the range of 118,000-119,000. The probability of this is increasing, of course, ther

Today someone asked me in the live channel why interest rate cuts are considered favourable information, which leads to a rise and can even create a bull run?
To put it simply, the logic is actually very straightforward.
The Federal Reserve's interest rate cut means that if funds stay in the bank, they will earn less, so they need to be taken out and placed in more profitable places.
So, theoretically, where to invest? US stocks, the crypto circle. There are also many financial markets outside the US. Didn't the A-shares also rise significantly when interest rates were cut last year?
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Bitcoin today long-short equity strategy.
Although the short position is not very profitable, at 50%, it has indeed been profitable for 6 consecutive days. I will let everyone decide whether to go long or not, as today's interest rate cut is indeed a gamble. For those who have opened positions, there is currently a profit of five to six hundred points.
I originally thought that today's altcoin patterns were mediocre and there was no chance, but unexpectedly, after the live stream ended, several coins could be shorted, especially PUMPBTC. After the notification to short, it dropped inst

Bitcoin shorting has won for 5 consecutive days.
If you want to short today, be sure to set a stop loss at 118000.
Bitcoin has actually been in a range-bound fluctuation these past few days, so shorting above 116000 has consistently yielded profits. Perhaps the market is waiting for the interest rate decision at 2 AM tonight, which makes today a bit crucial; therefore, one should be cautious when placing orders.
Yesterday, the altcoins on XCX made a profit of over a thousand, still at 20 times, while BTR and ZKC profits are both around 200, which is still acceptable.
You can actually just play

Before the interest rate cut, the Fluctuation moment, the decrease in the clearing volume indicates that the market is waiting.
The interest rate cut statement is expected to be released in the early hours of September 18, with the market heavily betting on a small rate cut of 25bp.
There is still a lot of selling pressure on Bitcoin at 116,000-117,000, and I have made a profit by shorting for 5 consecutive days.
However, there are two potential crises. Ukrainian drones have successfully struck key energy facilities such as Russian crude oil export ports and refineries, leading the market to w

Bitcoin has been going short above 116000 for four consecutive days, making profits for four days in a row. Today, don't easily go long to eat the rebound profits; if there is no rebound, you will be trapped with heavy sell pressure on the sell orders above 116000. The futures gap at 116700 has also been perfectly filled. Now, with the potential preheating of interest rate cuts, there may be another rebound. However, the medium term bearish structure has not changed.
The altcoins made some good profits yesterday, and I'll continue to play today.

I placed an alts order this morning, and the profit is quite good. I'm still holding the short order from ATH, and the trend looks great, basically can't hit the stop loss. Let's see if it can continue to fall.
Bitcoin rebounded to over 116700 this morning, completely filling the futures gap, and now it's profitable by 700 points at this high position. I've been emphasizing the 116700 level recently, and it hasn't broken twice now. For the last four consecutive days, Bitcoin short orders have been profitable every day.

Bitcoin has been shorting above 116000 for three consecutive days, earning for three days in a row. The purpose of leaving some margin is in case it doesn't rebound, to hold a medium to long term order.
Ethereum broke the range, I opened a long position. I haven't placed any orders for Ethereum in the past few days.
Altcoins can be played with quick in and out, and the results are also good.
Bitcoin medium to long term still looks bearish. If there are any changes, the order group will notify in a timely manner.
Profit chart upload failed, live room display

Bitcoin reached the target range analyzed yesterday, between 116000-117000, and is now stuck at the Fibonacci 0.786 (116000) level. You can build a position in batches to short, laying out a medium term short order, with a stop loss at 118000. The futures gap is around 116700. Ether has definitely made a profit after breaking the trading range, finally breaking the range.
Yesterday, some altcoins made profits exceeding a thousand. After taking some profits, I left a portion of the position. If the trend is good, it won't hit the stop loss, and even a small position can yield significant pr

The profits from the long order of Bitcoin yesterday were quite good, and so were Ether, but I already had a long order before, and I didn't open one yesterday.
The current Bitcoin upward structure is actually complete, but there is still a possibility of another upward move. However, Ether has not broken the range, and there is a possibility of being dragged down by Ether.
Yesterday's altcoins were quite spectacular, several coins had stop-loss levels that were too close, resulting in not making much profit. In the end, BAKE went short and made a profit of 400%. After that, I kept mov