The Fed cut interest rates by 50 basis points, and the market has welcomed a positive trend. Those who didn't get on the train in time need to pay attention to the following positions.
The Fed announced a 50 basis point interest rate cut early this morning. Before the rate cut, the E family army has been reminding everyone to seize every opportunity to fall. We have also been reminding everyone to participate in long orders and be cautious in short orders. Now it has been verified one by one. Now $BTC has broken through 60,000, and $ETH has also broken through 2,400. Compared to this, what everyone is most concerned about is where friends who didn't get on the train should enter the market. Let's analyze which position is safer to enter.
$ETH From Figure 1 below, we can see that there is a certain selling pressure near 2420. This position is under the suppression of the previous downward trend line. It would be more or less reckless to chase more at this position now, so we still have to wait for the correction before considering participating in long orders. The four-hour MACD fast and slow lines form a golden cross and spread upward, and the green energy column also stands above the zero axis and moves upward. The current price of the currency has broken through the upper Bollinger band. Under the pressure of the upper 2420 line, there is a high probability that there will be a certain amount of retracement space. You can refer to the stability of the important support level of 2388 below to consider participating in long positions. Due to time constraints, I will not elaborate on the technical indicators here, and will go straight to the talent:
Ethereum 2388-2355 long orders enter the market, defend 2300, target 2450-2490-2550
BTC can be seen from Figure 2 that the current price has broken through the downward trend line, but it is suppressed by the upper track of the Bollinger Bands on the daily chart, and there is a high probability that there will be a certain amount of retracement space. Then what we need to do is to wait for the price to step back to the lower support around 61300 before participating in long orders. The KDJ indicator in the attached figure also forms a golden cross and spreads upward. With the support of a 50 basis point interest rate cut, it is still relatively safe to continue to participate in long orders after the price falls back. For specific reference:
Bitcoin 61300-60800 long orders enter the market, defend 60400, target 62300-63200-65000
The above is purely personal opinion, please consider it carefully. #token2049 #加密市场反弹 #美联储宣布降息50个基点 #新币挖矿HMSTR #鄂B炒家
