The direction against the wind is more suitable for flying. Difficulties and challenges are often catalysts for growth. The more difficult the road, the stronger the will. As long as the road is right, we are not afraid of the distance. Even if the road ahead is long, as long as we keep moving in the right direction, we will eventually reach our goal. This week is coming to an end. Let's take a brief look at the development of the flight situation during the week. At the beginning of the week, the market opened high and fell low, falling from around 59,000 points to a low of 48,888 points, a drop of nearly 10,000 points. It recovered again in the evening, and by the end of Tuesday, the market had recovered more than half of the space. The volatility on Wednesday was relatively small, with intraday fluctuations between 3,000 and 4,000 points. The market increased again on Thursday, and in the early hours of Friday, the decline during the week was fully recovered, and the market showed a V-shaped pattern. The market fluctuated almost sideways for three days at the end of the week. The market volatility range this week was too large, but we still achieved rich returns through precise strategies and grasp of market trends. This week, the big cake pocketed a total of 45,757 points of space, and the ether pocketed a total of 2,578 points of space.
From the monthly line, the current market shows that the high point of the upper shadow line is constantly decreasing, and the bottom low point is also continuing to fall, which indicates that the overall market trend is not optimistic. However, from the news point of view, due to the decline of global stock markets this week, the Fed's interest rate cut in September is almost a foregone conclusion, and market sentiment has gradually stabilized. The market focus this month is still on the CPI data to be released. From the weekly line point of view, last week's attempt to break through the 70,000 mark above failed, and a large negative line appeared between the upper and lower rails. This week, it rebounded higher and closed with a medium positive line, showing the trend of bulls gradually stabilizing the market. If the closing price falls again this week, it may be a buildup for the release of CPI data next Tuesday. The news next week will be the key point of the market this week. On the daily chart, the price is fluctuating at a high level, and in the short term, the bearish trend has become apparent. In summary, we are optimistic about the development of bulls in the future market, but we will follow the bearish trend arrangement at present.
Bitcoin 60300-60000, target around 62000
Ether 2640-2610, target around 2700#Ripple于诉讼中取得部分胜利 #TON #PlusToken相关钱包转移ETH #加密市场反弹 #美联储何时降息?