According to Jinshi News, Pepperstone analyst Michael Brown stated that traders may reduce their exposure to risk assets before the Federal Reserve announces its interest rate decision at 2 AM Beijing time on April 30. He pointed out that given the upcoming event risks, many participants will want to cut back on their positions. In addition, traders are also aware that there is still no good news regarding the Middle East conflict, with no signs of a US-Iran peace agreement, and the Strait of Hormuz remains blocked.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.





























