10.8 Market Analysis
The probability of the Fed cutting interest rates by 25BP in November is 86.3%, and the probability of not cutting interest rates has risen to 13.7%, which basically rules out the possibility of a 50 basis point cut. However, some Fed officials have different opinions. Buffett continues to sell Bank of America, with a cumulative cash out of more than $10 billion. Does this mean that the US stock market has reached a high and urgently needs to be slowly adjusted down?
BTC once surged to around 64,500 last night, and then began to fall back, currently falling back to around 62,500. This position is also near the highest point of the weekend. Excluding the impact of news, BTC's oscillation space today is between 63,500 and 61,500
ETH broke through 2,500 twice yesterday, but unfortunately failed to successfully stand above it. It can be seen that the pressure at this position is still very large, and it is currently stepping back to around 2,430. Excluding the impact of news, ETH's oscillation space today is between 2,480 and 2,380