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What was going to come has come. It's always said that the market has already digested the 25 points. What do you think? Those who don't believe it, look at how the bulls are doing now?
On the contrary, the high-altitude position we had together last night is now feeling great, haha. Tonight's US stock market is still opening low, continuing to drop, continuing the pattern, haha
The unemployment benefit data has come out, and there isn't as much of a difference as you might think. The market will remain sideways, which indicates that the unemployment benefit data hasn't had an effect. Later, we can pay attention to tonight's US stock market opening to see if it will have an impact.
Brothers, are you still holding onto your short position at 3380? Personally, I think we should continue to watch the situation; the rebound is weak.
The overall content of Powell's meeting last night!!! Did you grasp the highs? This afternoon I sent content saying that the fans in the group have already grasped the highs and smoothly made profits, what about you?
It is always said that the 25 basis points have already been priced in, and that it will drop after the announcement. Grasping the highs is the key, because the economy cannot be stimulated and activated just by lowering interest rates.
Last night, my brothers and I talked all night, but the result was still very good. It was said long ago that a 25 basis point rate cut would be bearish. I wonder if the brothers were able to grasp the high point together, but in any case, the brothers in the group have already grasped the high point and are pushing it hard.
The bigger the waves, the more expensive the fish. The brothers in the live broadcast room at 4 AM last night should have already gained over a hundred points, right? Last night we mentioned the daily pressure and the 25 points were digested in advance, so we need to short this. Do you understand the value of this now?
Brothers are coming, still 25 points, still the same, it seems the speech later will still be important.
It is known that 25 points are likely to be digested in advance, and this time it is also unlikely to be an exception. Moreover, from the market perspective, Ethereum is just stuck under the daily pressure. The greater the storm, the more expensive the fish, do you remember?
Please remember that it has no shape right now, and also remember its current position. The interest rate cut and Powell's speech tonight will determine whether it returns to a bull market.
I believe many friends think it has already returned to a bull market, after all, it has gone from 2.6 to 3.3, tonight is very likely to be the moment of revelation. Let's all tune in at 11 PM to lock in this historic moment together.
At the same time, both the short positions from last night's live broadcast at 94200 and 3366 have gained equal profits. Congratulations to everyone 🎉🎉🎉
Don't miss it at 3 AM, something big is coming. The news about interest rate cuts will come soon, but last night's peak was quite enjoyable. Although I didn't make much, I withdrew. At least I seized the opportunity. Right now, the market is fluctuating repeatedly. Let the bullets fly for a while, and then we need to capitalize on the peaks. Who's in favor, and who's against?
Today's biggest news is undoubtedly tonight's interest rate cut, and then we will see if the 25-point move will continue to push up or be digested in advance.
Also, last night's live broadcast of 94200 and 3066's short position, I don't know if you have all chosen to take profits now, but the right to choose is up to you.
Tonight at 11 o'clock, we will continue to discuss it in the live broadcast and witness the arrival of the interest rate cut together.
If you like Hongzhi, please pay attention to $ETH .
The US cut interest rates ahead, while Japan raises them afterward. There are both positive and negative factors, and the market is consolidating. What do you guys think?
First, the 25 basis point cut basically won't cause much fluctuation; this has been a characteristic of this year. Secondly, stimulating the market through rate cuts ultimately is not a fundamental solution, especially considering Japan's interest rate hike is the highest in 30 years.
From the market perspective, the upper pressure point at 3.2 remains so obvious and excellent, so the potential for shorting is still significant. However, for those wanting to make intra-day swings, this is a good time as there is a high probability that operations will continue between 3.2 and 3.0 before the rate cut announcement.
At this critical juncture, Ethereum has started to consolidate, which clearly indicates that it is waiting for news from the Federal Reserve regarding interest rates. If they decide to cut by 25 basis points again, it is very likely to maintain the same trend as before.
Of course, if they exceed expectations and cut by 50 basis points or more, it might actually bring significant good news, potentially turning the current bear market into a bull market.
So what needs to be noted now is the 25 basis points and the pre-digestion of good news; this is the intriguing key point.
The interest rate cut is still the biggest news so far!!??
But returning to Ethereum, the 3.2 resistance level is still so evident. Although it's all a gamble, I still recommend continuing to pay attention until the direction is confirmed to be upwards.
Double top!!? Still a pull of extreme trends, on Monday Ethereum provided two V-shaped channels, confusing everyone's direction in the lineup.
Currently, the upper pressure level at 3.2 and the lower support level at 2.9 are forming a small range of oscillation. At this position, the current long-to-short ratio has reached a very suitable range, so paying attention to the position is the most important thing right now.
What was meant to come has come, brothers. This afternoon I just said that Japan's interest rate hike is the highest in 30 years, and now it has been triggered. How are the brothers who are bullish doing? Do you remember what I said this afternoon? Is it really true that the bear market is going to stop at 2.6?
Without saying too much, congratulations to the brothers in the group for getting over a hundred points in their mouths!!!
Currently, this second general of Ether is still in a low position and a bear market phase from the daily line perspective. Externally, there are interest rate hikes from Japan, and internally, there are rate cuts in our own country.
However, from the market perspective, after experiencing two days of repair and fluctuations over the weekend, those who want to short should wait until it breaks the support level of 3.0 before acting. It is obviously not a wise choice to bottom fish at this time for those who want to go long, but one can look for a bottom and distribute in batches; this is the best strategy.
However, considering the current interest rate hike in Japan and the previous digestion of favorable news in advance along with the daily structure, I personally still lean towards the bearish side. Is it possible that this bear market will stop at 2.6 this time?