News: The Federal Reserve's 'divine assistance' has arrived!
Breaking news: The probability of the Federal Reserve cutting interest rates in December has surged to 85.1%! This is a super signal for global capital flowing into risk assets! Historical experience shows that under expectations of interest rate cuts, Bitcoin and Ethereum often surge first! Especially with ETH recently rebounding from a low with increased volume, it is clear that large funds are positioning themselves in advance, creating a resonance between news and technical analysis, and the potential for explosive growth in the future may exceed expectations!
Technical analysis: Key positions hide secrets!
From the 1-hour K-line view, it has risen from the low of 2620 to 3070, experiencing three horizontal fluctuations between 2620-2860, 2860-2955, and 2955-3070, indicating that the bulls are accumulating power in a step-by-step manner! The current price is repeatedly testing around the critical point of 3070; once it stabilizes here, the next target will be the resistance level of 3176! But beware of the MACD signaling a death cross above the 0 axis, with volume occasionally shrinking and then surging, indicating intense competition between bulls and bears! Although the RSI is in the oversold zone, the MFI shows a strong wait-and-see sentiment, suggesting there might still be a pullback risk in the short term!
Fuqing's viewpoint: A pullback is an opportunity to get in!
Short-term strategy: If the support at 2955 holds, you can build positions in batches; if it breaks through 3070 with volume, you can chase long positions eyeing 3176!
Risk warning: If the MACD death cross continues to expand, it may pull back to 2860, but with the Federal Reserve's interest rate cuts providing support, the probability of a deep correction is low!
Retail investor advice: Don't chase highs and sell lows! The market is warming up now; novices should either invest regularly or closely monitor breakthrough signals for right-side trading, avoiding All-in!
Tonight will either be a sideways accumulation or a direct surge!
The Federal Reserve's interest rate cut 'card' has been played, and the technical pullback is a good opportunity! Retail investors should not hesitate now, but instead formulate a good strategy and hold their positions! Follow me to get real-time alerts on market changes! Fuqing announces three strategies daily in the village; if you are not positioned with 5 million, please follow Fuqing rocket ship's real-time advice to avoid liquidation risk. The current market is unpredictable, and each villager has a different position; please update Fuqing's announced entry points in the village in real-time!
