🚀 Gate Square Creator Certification Incentive Program Is Live! 
Join Gate Square and share over $10,000 in monthly creator rewards! 
Whether you’re an active Gate Square creator or an established voice on another platform, consistent quality content can earn you token rewards, exclusive Gate merch, and massive traffic exposure! 
✅ Eligibility: 
You can apply if you meet any of the following: 
1️⃣ Verified creator on another platform 
2️⃣ At least 1,000 followers on a single platform (no combined total) 
3️⃣ Gate Square certified creator meeting follower and engagement criteria 
Click to apply now 👉 
Did you know? Powell is about to make a big move! Is he going to stop tapering next week?
The market is no longer concerned about interest rate cuts; this positive effect has been completely absorbed. Currently, what Wall Street is most concerned about is Powell's statement at the beginning of the month that there will be a halt to QT in the coming months, meaning that quantitative tightening will no longer take place, which opens the door for the subsequent initiation of quantitative easing (, commonly known as large-scale money printing ).
Let's not talk about the future quantitative easing (QE) for now, as we might have to wait another six months. However, there is a good chance that the end of quantitative tightening (QT) will be announced at this week's meeting, which the market is eagerly anticipating. The stock market has already broken through historical highs, and the crypto market is indeed lagging a bit. However, before the interest rate cut, there might be a dead cat bounce. If this wave doesn't rise, then it could really mean that the overall trend is gone.
Now back to the Federal Reserve, although the end of QT next week is not 100% certain, the probability is still good. I think even if it’s not in October, a rate cut will be announced in December. In fact, the specific outcome next week is not that important; as long as the market is hopeful and willing to speculate before the result comes out, various assets will have the opportunity to rise.
Remember to exit at a high on the day of the interest rate cut; this may be the last chance to exit. For the aggressive, you can also consider setting short positions at a high, because after that, it's very likely that the favorable news will be exhausted and a correction will begin. Rising is an opportunity, and falling is also an opportunity, as long as the operation is done properly, because we can profit from both long and short positions~