The market rebound is weak, and the Ethereum that has dropped so much is also consolidating, with the key moments being tonight and tomorrow's Black Friday
After the daily Bitcoin/Ethereum has dropped so much, is everyone still holding their positions?
Tonight at 22:15, I will be live streaming as usual, and the number of comments in the comment section will determine if I can start the broadcast early...$BTC $ETH
The Federal Reserve's meeting ends, Wall Street shouts "Christmas"
Trump expressed dissatisfaction with the rate cut, believing it should have doubled to 50 basis points; was this shout of any use?
The overall market tone after the Federal Reserve meeting is "cautiously bullish"
The so-called 25 basis point cut by the Federal Reserve, decided at the concluded meeting, sets the rate to 3.5%-3.75%, with the voting result (9:3). It is well known that the Federal Reserve has approved the third rate cut this year and is expected to slow down the pace of future cuts, with only one rate cut expected next year.
To put it simply, the Federal Reserve's rate cut again is just in line with expectations, while the securities market is demanding larger and faster cuts, thus the stimulus for the US stock market remains relatively restrained.
The rate cut announced at three in the morning completely aligns with expectations; the market already knew the favorable news in advance, which does not count as real good news. It is not just a normal rise in line with the Federal Reserve; the law of reinforced concrete is (favorable news is just for show).
After the meeting, returning to the market, BTC has not been able to break through the high-pressure zone of 95000. A slight rebound from minor favorable data through news can be considered normal, especially since market sentiment has been so intense. In reality, it still broke below yesterday's starting point of 92000, with the lowest dipping below the 90000 mark.
In the early morning live broadcast, the thought process showed BTC at 93600 directly dropping. After the US stock market closed, the daily line fell back to 89300, with ETH similarly ambushing at 3430-3440. The live broadcast indicated that if the minor level dips below 3330, one could directly look at the 3200 mark. The so-called trading is about going with the flow and waiting for the trend! $BTC #加密市场反弹
The positive news has basically been released ahead of expectations, and various news data align with expectations. Remember one thing: the market is not warming up at the moment; the logic within a short-term range can be executed!
The last rebound after the meeting ended, the live room entered at 3440 Ethereum, with Bitcoin at 93600 also happening simultaneously. Don't panic because market sentiment is overly optimistic.
The impact from the news has finished, and we return to the market. Tonight, execute in the 3320-3250 range, and for Bitcoin, execute in the 92300-91500 range. Before the four-hour closing, positions can also be sold. Everything else should be managed according to the positions to protect your points!
Don't look at the market - defense must be in place!
The three points of the Federal Reserve are not key; the main time is around 3:30. A rushed pace is useless; the lack of movement in the U.S. stock market before the opening until now is normal, waiting...
No response is normal, everyone is waiting to gather strength...$BTC $ETH
Bit-玖零
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Tonight, the Federal Reserve's decision will give you some clarity!
Various smokescreens...
First of all, let's talk about the guaranteed interest rate cuts that the market is currently certain about. However, the US stock market has already risen where it should have, and last night, Bitcoin/Ethereum also made their moves.
Even if BTC experiences significant positive news tonight, it will depend on a speech at that moment. From a broader perspective, it will likely be a small rebound followed by a decline. At this point in the market, it will be about hitting the highs and lows. After breaking through resistance, it will retreat, or it could rise sharply. I'm not very optimistic about this!
Furthermore, looking ahead to tonight's US market, it will basically just be a fluctuation. As for the large Bitcoin/Ethereum holdings at hand, if it breaks above 92500, it's time to sell, and the same goes for Ethereum at 3050. In such a market, there's no need to say how significant the pullback could be; it will definitely be enough for you to take.
In short, wait patiently, just wait patiently! $BTC $ETH
Tonight, the Federal Reserve's decision will give you some clarity!
Various smokescreens...
First of all, let's talk about the guaranteed interest rate cuts that the market is currently certain about. However, the US stock market has already risen where it should have, and last night, Bitcoin/Ethereum also made their moves.
Even if BTC experiences significant positive news tonight, it will depend on a speech at that moment. From a broader perspective, it will likely be a small rebound followed by a decline. At this point in the market, it will be about hitting the highs and lows. After breaking through resistance, it will retreat, or it could rise sharply. I'm not very optimistic about this!
Furthermore, looking ahead to tonight's US market, it will basically just be a fluctuation. As for the large Bitcoin/Ethereum holdings at hand, if it breaks above 92500, it's time to sell, and the same goes for Ethereum at 3050. In such a market, there's no need to say how significant the pullback could be; it will definitely be enough for you to take.
In short, wait patiently, just wait patiently! $BTC $ETH
The rebound before the US market is not good, and if the daily structure does not break through, it will be considered a false signal. In the early morning, it's pretty much just a pin...$BTC $ETH
It's not that I lack vision, I can only say that many retail investors in the market are unworthy!
Is there a position given for the short in the European and American session area, or do they start to shirk responsibility and doubt with too many thoughts?
Before and after the market, is it emphasized that there is no short position? Can we directly say that it's deserved for not understanding in the market!
Every day like a headless fly, looking for positions in various corners, this position now depends on whether I give it or not!