#ETH $BTC $ETH 11.13

Let’s talk about interest rate hikes. Since the Federal Reserve and other major central banks started a tightening cycle, the securities market has turned dovish for the seventh time. Federal Reserve Director Powell II said that the current interest rate hike cycle may be coming to an end, and the U.S. job market is showing signs of weakness. Further enhancing the market's optimism, the market currently expects the Federal Reserve to cut interest rates by 92 basis points next year. The first interest rate cut will be advanced to May from the previous June. This week, the focus will be on the October inflation data released on Tuesday. The previous CPI value was 3.7%, and the core The previous CPI value was 4.1%. These two needs to keep falling to strengthen the Fed's expectation that it will no longer raise interest rates. Next, we will focus on whether the No. 17 ETF will be approved or delayed. When the market was rising at the end of October, everyone was reminded that Ethereum would definitely make up for the increase. Now that Ethereum has stabilized, the second layer has also performed quite well. Let’s look at the big pie again. In the past few days, we have been emphasizing that there is a high probability that there will be a shock in the range of 36,700~37,600. At present, it is in line with expectations. Then pay attention to the time period of this position’s shock. If this position shocks If the time is long enough, there is a high probability that it will step back. Therefore, as a short-term player, you must have a good stop-profit and stop-loss. Ethereum 2130 is a critical point. If it does not break through, it will step back. Combined with this week's news to control the market, we still look at Aurora during the day, and the copycat has a chance of doubling ④!

BTC

Support: 36500-35700

Pressure: 37666-39500

ETH

Support: 2017-1982

Pressure: 2130