[Analyst: No need to overly worry about this market downturn, as it is more profit-taking rather than panic selling] BlockBeats news, November 14, Reuters market analyst Jeremy Boulton stated that forex traders might consider whether the long-feared stock market correction has finally begun. However, the deeper the stock market falls, the higher the likelihood of a rate cut in December. Currently, the market is pricing in a 52% probability of a 25 basis point rate cut by the Federal Reserve in December. This round of profit-taking mainly stems from investors' concerns that there may not be a rate cut in December. But note the key point: this is profit-taking, not forced liquidation of losing positions. Traders often rebuild profitable positions after adjustments, and this round of correction is providing more attractive entry levels. If earlier-than-expected rate cut stimuli emerge, it will give traders a reason to act. (Jin10)