October 16 Crypto & U.S. Stock Market Analysis 🇺🇸 ‼️
【U.S. Treasuries】Short- and long-term U.S. Treasury yields are showing signs of a turning point. This points to a cooling in expectations for further rate hikes. The turning point will take time to work through, easing pressure on the Fed.
【Interest Rates】1. Warsh and U.S. Treasuries are among the turning points to watch, signaling that rate hikes may cool.
2. The inflation turning point has not been resolved (mainly due to oil prices; rate hikes cannot solve this problem).
【U.S. Stocks】A rebound after being oversold, but no reversal structure has emerged yet. We need 1–2 weeks to observe.
【Crypto Market】【Bullish in the medium to long term】No major structural changes.
Strategy: ✅Quick trades, quick exits✅
【BTC】【ETH】
CPI data came out and markets around the world groaned. Qiang’s analysis: September oil prices were within expectations, and core CPI did not exceed expectations. BTC plunged below the key 80,000 level, then found support at 79,800. Use this level as a key defense point for short-term trading.
【BTC】
Support: 79800
Resistance: 84000
Short-term trade【Long】
Entry: around 81500
Stop-loss: 79800
Take-profit: 83500
【ETH】
Support: 2318
Resistance: 2544
Short-term trade【Long】
Entry: around 2415
Stop-loss: 2365
Take-profit: 2520
If you found this helpful, please give Qiang a 👍 and follow.
All views expressed are personal opinions only.
This is not investment advice. DYOR
【U.S. Treasuries】Short- and long-term U.S. Treasury yields are showing signs of a turning point. This points to a cooling in expectations for further rate hikes. The turning point will take time to work through, easing pressure on the Fed.
【Interest Rates】1. Warsh and U.S. Treasuries are among the turning points to watch, signaling that rate hikes may cool.
2. The inflation turning point has not been resolved (mainly due to oil prices; rate hikes cannot solve this problem).
【U.S. Stocks】A rebound after being oversold, but no reversal structure has emerged yet. We need 1–2 weeks to observe.
【Crypto Market】【Bullish in the medium to long term】No major structural changes.
Strategy: ✅Quick trades, quick exits✅
【BTC】【ETH】
CPI data came out and markets around the world groaned. Qiang’s analysis: September oil prices were within expectations, and core CPI did not exceed expectations. BTC plunged below the key 80,000 level, then found support at 79,800. Use this level as a key defense point for short-term trading.
【BTC】
Support: 79800
Resistance: 84000
Short-term trade【Long】
Entry: around 81500
Stop-loss: 79800
Take-profit: 83500
【ETH】
Support: 2318
Resistance: 2544
Short-term trade【Long】
Entry: around 2415
Stop-loss: 2365
Take-profit: 2520
If you found this helpful, please give Qiang a 👍 and follow.
All views expressed are personal opinions only.
This is not investment advice. DYOR