September 11

Handsome Research Report

BTC was trading sideways yesterday, in line with expectations. It hit the 58,000 resistance range again in the early morning, but failed to break through effectively. It adjusted back again. The CPI data was released at 8:30 this evening. It is expected to be positive. There is a short-term expectation of continued rise. The target range is 59,000-60,000. Those who adjusted back yesterday can continue to hold and wait for the data to be released. The interest rate cut is approaching. There is a high possibility of a correction before the start of the interest rate cut cycle and in January and February. This is the case for every round of interest rate cuts, but the big cycle is absolutely positive. We need to wait patiently. The expectation of a 50 basis point interest rate cut in September has declined, but the big cycle expectation has not changed. The bull market expectation is still built on

ETH followed BTC to adjust synchronously, and its trend was better than BTC. It is expected to make up for the rise in the future. The operation ideas are synchronized with BTC during the day. You can consider continuing to buy after the correction and wait for the good news to be announced in the evening. ETH's on-chain GAS has fallen to a new low in 5 years. The environment is sluggish and has almost reached the bottom line. Keep holding. A new round of rising cycle is not far away.

The cottage sector follows the mainstream to consolidate synchronously. SATS sets a principal loss to protect capital, just in case. If it can break through effectively, it will rise to around 50 and clear the position. The medium-term holding can be seen to around 80. PEOPLE has a correction during the day. It can be sold if it falls below 0.059 in the short term. There will be good expectations before the November election in the medium term. CKB is temporarily on the sidelines. Holders continue to hold and wait for subsequent positive news. PIZZA is not as expected. FB trading extension has a slight negative impact. Patients hold it until the weekend, and impatient ones stop selling it.

Fundamental news: CPI data at 8:30 tonight needs to be paid attention to, and it is expected to be positive.

Primary market information:

RGB++ continues to pay attention. SEAL has performed well recently. Wait for more positive news from RGB++. You can consider buying it in batches later.

The rune market is still sluggish, wait and see

Fractal Bitcoin mainnet is launched today. Pay attention to the development of the ecosystem. FB had few airdrops in the early days. Pay attention to the high-quality projects of its ecosystem.

Intraday mainstream currency support and resistance:

Today's intraday market, BTC's lower support is 55700-56200, and the upper resistance is 58800-59500. ETH's lower support is 2280-2330, and the upper resistance is 2470-2520.

Today's Greed and Panic Index: 37 (Fear)

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