The core reason for the initiation of the altcoin market is entirely based on the market's expectations of the Federal Reserve's interest rate cut, which will be announced on September 18 at dawn. Therefore, Jingyi believes that before the announcement, it is advisable to take advantage of high-level opportunities to gradually take profit. Meanwhile, Jingyi will look for suitable high points before and after the interest rate cut, and may consider shorting.

The only current uncertainty lies in whether Federal Reserve Chairman Powell's speech will lean towards dovish or hawkish. If the stance is dovish, the subsequent market decline may be relatively limited, and it may even rise first before retreating. Therefore, on the day the decision is announced, market volatility is likely to significantly increase. Here, I remind you to do proper risk management or maintain a wait-and-see approach, waiting for the market to show a pullback before considering opportunities to buy the dip.

From a theoretical perspective, Dogecoin has been bullish according to Jingyi, and fans have also taken profit. The target for Doge is between 0.32 and 0.35, but Jingyi continues to maintain a steady operation without the need to pursue extreme highs. It is sufficient to take partial profits during the upward movement, and a strategy of reducing positions by 25% daily can be employed to gradually complete the take profit over four days. The key to remember is to complete the full liquidation by the latest between September 17 and 18.

As for Ethereum, we previously placed a long position when it broke through the 4500 point range of the box oscillation. The initial plan was to hold the position until the take profit at 4680 points, but the actual market increase exceeded expectations, which can be considered an unexpected gain. #币圈趣事分享 #RWA赛道，你押谁 #GUSD双重收益