At two in the morning, Powell said that there might be no rate cuts this year.
I doubled my position in PEPE.

Some people say I'm crazy.
I said, you're the one who's crazy.

This is how it is.
Last night the Federal Reserve held a meeting, and the moment the dot plot came out, the group was filled with wailing.
"Only one rate cut?"
"It's over, it's over."
"Hurry up and liquidate your positions."

I looked at the screen, opened the K-line of PEPE, and placed another order.

A friend messaged me: "Haven't you seen the news? Powell has turned hawkish, no rate cuts!"
I said: "You're looking at the headline, I'm looking at the content."

What did Powell say exactly?
If there is no sign of inflation progress, there will be no interest rate cut.
To translate: if they see it, they will cut.

Will inflation progress?
Oil has broken 100, PCE is still at 3.1%.
But haven’t you noticed— even the Federal Reserve has started to diverge.
This time the vote was 11:1, someone voted for cutting rates.

This is the first time a dissenting vote has appeared this year.
What does this mean?
It means there is already internal conflict.

I remember that time in 2023.
Everyone said interest rates would skyrocket, Bitcoin would go to zero.
And what happened?
That year, Bitcoin tripled.

The market is most afraid not of negative news.
The market is most afraid of negative news when everyone is bearish.
Because when everyone runs away, only those picking up chips are left.

What’s the current price of PEPE?
0.00000353 dollars.
It has dropped nearly half from its peak.

Are you asking me if I'm afraid?
What am I afraid of?
What I'm afraid of is that when interest rates drop, I won't have any assets.

Lastly, let me say:
Listen to half of what Powell says.
When he says he won't cut rates, you need to see why he says that.
It's because inflation isn't coming down.
If inflation doesn't come down, does the currency in hand become more valuable?

Think for yourself.

—
[Position Records]
PEPE, average price 0.0000036.
On the night Powell spoke, it doubled.
Hold your spot, wait for the wind to come.
#加密市场 #PresidentialDebate