#美联储降息 The Fed cut interest rates by 25 basis points, marking the third time this year. It looks very favourable information, but I must remind everyone: don't be blinded by this news.

"Powell's internal 'do-or-die' struggle is key – among the 12 voting members, 5 opposed, and among the 19 members, 10 said they see no necessity for rate cuts. This is not a minor disagreement; it is the largest internal division within the Fed in recent years.

What's even more heartbreaking is that Powell may have to hold back on further interest rate cut signals to appease the "hawks". The meaning is clear: don't expect another interest rate cut in January next year. It's like the dealer drawing a pie for you when raising the market — giving you a little sweetness to get you on board, and then there's nothing after that.

I have seen too many people FOMO buying when favourable information comes out, only to be trapped badly. The more intense the infighting within the Fed, the more dangerous the market becomes. Because no one knows how the policy will turn next. At this time, the liquidity seems loose, but in fact, it is preparing for the next round of tightening.

The core logic for surviving on-chain for a long time is simple: do not leverage during times of policy uncertainty, and do not let news like "interest rate cuts are coming" brainwash you. It's not too late to act once the hawks and doves truly reach a consensus. Risk prevention always comes before profit.