The rate cut came as scheduled. The Federal Reserve cut interest rates by 50 basis points after 2 a.m. today. As verified by the market, based on the current trend and the daily candlestick chart, long positions rebounded strongly afterwards, and the upside space was forcibly opened. All moving averages turned up and diverged. The trading volume of long positions also increased again, and the overall rhythm tilted towards long positions again. However, it is necessary to pay attention to controlling long orders during the pullback when the price rises.
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The rate cut came as scheduled. The Federal Reserve cut interest rates by 50 basis points after 2 a.m. today. As verified by the market, based on the current trend and the daily candlestick chart, long positions rebounded strongly afterwards, and the upside space was forcibly opened. All moving averages turned up and diverged. The trading volume of long positions also increased again, and the overall rhythm tilted towards long positions again. However, it is necessary to pay attention to controlling long orders during the pullback when the price rises.