Monday, early trading of big cake and ether, strategy sharing

Good morning everyone! A new week begins, I am your old friend Xu Bin, the last week of September, the bottoming out is about to change, all the waiting is also to prepare for this sacred moment, let all the efforts bear fruit, with the implementation of interest rate adjustments, the election is approaching, in the peak season of September and October, the market is in full bloom, I hope Xu Bin can accompany you to finally laugh at the heroes, we work together and be invincible.

​From the analysis of the daily chart, the bulls are already insufficient, and the six-day upward momentum has gradually weakened in the later period. I mentioned earlier that the market will continue to attract bulls, and today's early trading rise is expected to be equivalent to the possibility of the Fed's November rate cut of 50BP or 25BP. The possible successor to the Fed Chairman proposed to consider another 50 basis point rate cut, and this statement quickly spread to the cryptocurrency market, pushing the bulls to re-activate to a high level. However, the news is ultimately just market hype, so I think it is ideal to operate at 64,000. If the early breakthrough fails to continue, you can go short directly.

Position suggestion

BTC short-term: 64000 short target 52500

ETH short-term: 2620 short target 2520

The era of picking up U in September and October is fully opened. If you can't run short-term well, don't understand the band, trend, news interpretation, teaching, you can consult Xu Bin 24 hours a day, chase your dreams. #加密市场反弹 #币安上线CATI #美联储宣布降息50个基点 #特朗普首次使用BTC #DODO助力Meme发行 $BTC $ETH