BTC hits 6W strong support again. How to operate on the weekend!
Affected by the market's possible economic recession, the three markets of stocks, bonds and currencies fell together. The Fed's slow pace of interest rate cuts has been criticized. BTC short-term killed through the moving average, and the lowest reached around 60,500 US dollars.
Briefly speaking, after the suspension of BTC's CME futures, the suspension price was 62,900 US dollars. If it opens on Monday, it will open at the real-time price. According to the current price, there is a price difference of more than 1,000 US dollars. A small gap is expected to appear above, and such a gap may face filling.
In the expected gap filling, it is also an important game range for rebound and reversal, so it is still mainly wait-and-see for the time being. It is not recommended to cut meat for family members who are already fully invested or have a large position. The new market is getting closer and closer. We repeatedly say that we should not fall before dawn.
In addition, since the expectation of interest rate cuts remains unchanged, it is still confirmed that the interest rate cut cycle will come in September. If the current market falls below, it will give us the last chance to make big bargaining chips. We should prioritize buying the bottom of the currencies led by the four giants, namely BTC ETH SOL BNB. Especially for ETH, the current price has returned to the stage where it can be re-positioned. It is better to be a brainless bull below 2800. $BTC $ETH $BNB #美联储何时降息?
Affected by the market's possible economic recession, the three markets of stocks, bonds and currencies fell together. The Fed's slow pace of interest rate cuts has been criticized. BTC short-term killed through the moving average, and the lowest reached around 60,500 US dollars.
Briefly speaking, after the suspension of BTC's CME futures, the suspension price was 62,900 US dollars. If it opens on Monday, it will open at the real-time price. According to the current price, there is a price difference of more than 1,000 US dollars. A small gap is expected to appear above, and such a gap may face filling.
In the expected gap filling, it is also an important game range for rebound and reversal, so it is still mainly wait-and-see for the time being. It is not recommended to cut meat for family members who are already fully invested or have a large position. The new market is getting closer and closer. We repeatedly say that we should not fall before dawn.
In addition, since the expectation of interest rate cuts remains unchanged, it is still confirmed that the interest rate cut cycle will come in September. If the current market falls below, it will give us the last chance to make big bargaining chips. We should prioritize buying the bottom of the currencies led by the four giants, namely BTC ETH SOL BNB. Especially for ETH, the current price has returned to the stage where it can be re-positioned. It is better to be a brainless bull below 2800. $BTC $ETH $BNB #美联储何时降息?
