How should we deal with the HYPE that surged tonight?
The ECB kept interest rates unchanged
September US PCE met expectations
There were no surprises in tonight's data
-------------------
Thanks to the launch of HYPE perpetual contracts on the Intercontinental Exchange in the US, HYPE was tonight's biggest short-term hot spot, surging 16%; on the ultra-short-term, all major perpetual players across the platform collectively bought in $300 million;
This was a huge-volume rally; watch the strength around the key pullback level of 86. Based on the volume signals, you can consider taking a long position once;
The key buy orders at 79.9/75.3 are worth catching; if you catch them, you make money;
---------------------
The ECB is always just following the Fed's decisions, so don't have overly high expectations; its impact on the crypto sector is limited
--------------------
Gold/Silver are in a squeeze-up phase, especially Silver, whose squeeze-up trend is very obvious and may at any time produce a bottoming signal. Chasing short positions is also not appropriate, especially since Gold has not made a new low and Silver is continuously squeezing up and shaking out positions. For those with no position, waiting for a reversal in volume and price signals and taking the first long entry is a pretty good choice;
--------------------
BTC's pullback to 79000/77250 today had no problem entering
-------------------
These past two days the season is changing and viruses are raging. Everyone, please take care of your health; my child needs to be admitted to the hospital tomorrow morning. There were no beds today and we came back very late, so there won't be a livestream tonight, brothers!
------------------
For spot positions, it's time to enter in batches and take the opportunity in batches; for contracts, controlling position size and taking the first long entry isn't a big problem either!
#FOMC会议
The ECB kept interest rates unchanged
September US PCE met expectations
There were no surprises in tonight's data
-------------------
Thanks to the launch of HYPE perpetual contracts on the Intercontinental Exchange in the US, HYPE was tonight's biggest short-term hot spot, surging 16%; on the ultra-short-term, all major perpetual players across the platform collectively bought in $300 million;
This was a huge-volume rally; watch the strength around the key pullback level of 86. Based on the volume signals, you can consider taking a long position once;
The key buy orders at 79.9/75.3 are worth catching; if you catch them, you make money;
---------------------
The ECB is always just following the Fed's decisions, so don't have overly high expectations; its impact on the crypto sector is limited
--------------------
Gold/Silver are in a squeeze-up phase, especially Silver, whose squeeze-up trend is very obvious and may at any time produce a bottoming signal. Chasing short positions is also not appropriate, especially since Gold has not made a new low and Silver is continuously squeezing up and shaking out positions. For those with no position, waiting for a reversal in volume and price signals and taking the first long entry is a pretty good choice;
--------------------
BTC's pullback to 79000/77250 today had no problem entering
-------------------
These past two days the season is changing and viruses are raging. Everyone, please take care of your health; my child needs to be admitted to the hospital tomorrow morning. There were no beds today and we came back very late, so there won't be a livestream tonight, brothers!
------------------
For spot positions, it's time to enter in batches and take the opportunity in batches; for contracts, controlling position size and taking the first long entry isn't a big problem either!
#FOMC会议
