Today's market analysis
With the entry of funds from the market maker team, market sentiment has warmed up and transactions are more active than before, which also shows that more and more people in the market agree with the current BTC price. Looking back at the data and news of the past two days, the interest rate cut in September is basically a foregone conclusion. What is currently unknown is how many basis points the interest rate will be cut in September. However, as long as the interest rate cut is confirmed, the recent sentiment will not be too bad, and funds will continue to flow into the market, so the overall market will also be a fluctuating upward trend. In the absence of news stimulation, it still fluctuates in the range of 62000-58000. The pressure level of 61500 above is still what everyone needs to pay attention to. After effectively breaking through and touching the upper 63000, make the next judgment according to the situation. The lower side needs to pay attention to the 58000 line. According to the current environment, the probability of falling below 58000 is very small.
Intraday pressure and support levels
BTC pressure level 61500/62800 support level 59500/58000
ETH pressure level 2700/2750 support level 2650/2600
Spot sector analysis and recommendation
Market sentiment is gradually warming up, most of the cottages are also starting to move upward, and many old currencies are also starting to jump out to stimulate everyone to trade through contracts. Although it is difficult to grasp the rise and fall of such tokens, it does stimulate everyone's buying sentiment, which is good for the market. It is better than no one trading, right? At present, the medium and long-term holdings in hand have good returns. The most eye-catching one is aave, followed by ether. Short-term trading ambushed a currency Troy that meets the market maker's pull on Monday. It has also risen by nearly 20% at present, so I bought 3000u. Now I am still waiting for him to pull up. For such low-market-value tokens, it is still very simple to pull up 1 times once there is capital inflow. At that time, the idea of entering the market was also very simple to eat 1 times and run away. After the September rate cut is confirmed, the next thing to speculate is the rate cut cycle and the degree of money release. The market speculation on the rate cut will not end so soon, and the bull market will reach a corresponding height with the continuous money release. I expect the best time to buy the bottom to be in early October. The best way to trade at this time is the Shanzhai band. The focus in the near future will also be on these Shanzhais. Those who like spot can keep up. Leave a message in the comment area. No long dai...
