The Fed just cut 25bps.

[CryptoLite]

Short-term correction (3–14 days).Then comes the $ETH breakout.October flips the switch.The true ALTSEASON ignites.We sell in Q4 and retire our blood lines.

 

[alurosu]

Why are we entering the red zone? What does that mean?

 

[Deniss john]

Cutting rates usually aims to stimulate growth cheap money encourages spending & investment. But the real test is whether it boosts business activity and inflation doesn’t run off. If economic data (jobs + CPI) stays weak, rate cuts may not do much.

 

[Funiki]

Why are we entering the red zone? What does that mean?

I dont know what that means either but the red zone should be similar to DANGER.

 

[Venusaur]

I agree with the idea that the coming days and next weeks will be a bit bearish, healthy correction.