Hot News:

1. German MP: The right Bitcoin strategy has the potential to change a country.

2. Chairman of the U.S. SEC: Bitcoin is more likely to be seen as a means of storing value, and the Howey Test is sufficient to regulate crypto assets.

3. Today's Fear and Greed Index dropped to 39, and the level changed from neutral to fear.

4. "Federal Reserve Megaphone": The Federal Reserve meeting minutes showed differences in the extent of the September rate cut.

5. Citi: It is unlikely that the Federal Reserve will skip cutting interest rates in November, and the rate will be cut by at least 25 basis points at each meeting.

BTC

There was no short-term long opportunity yesterday! The reason is that the price has been repeatedly tested near 62000, and the more it is tested, the weaker it is, and there is a high probability that it will plunder the liquidity below 61600! The current price is near the previous low of H1, and you can try to buy at 60200-59300 in the short term, and the upper pressure is 62300-62500! You can also try to enter the market with a short order when you reach this position for the first time! It should be noted that after the CPI is released in the evening, the price has a hunting probability of 58000-57500 below, so this position can be defended and ambushed!

ETH

Yesterday, we also did not arrange short-term long orders because there was no upward breakthrough after repeated tests near 2400! Therefore, the pressure of 2470-2500 took effect yesterday! Since the structure is broken by falling below 2400, short orders can be entered if it rebounds to 2430-2470! Pay attention to the buying opportunity when the price tests the 2300-2260 area below!

SUN

Yesterday 148-150 did not give any chance! Directly falling below 141 formed structural destruction, so there is a need to short at 144-145! In the short term, pay attention to the buying opportunity at 136-133! Below 130-127 can be used for defense!

The information and data involved in this content are derived from publicly available materials, and we strive to be accurate and reliable, but we do not guarantee the accuracy and completeness of the information. The content does not constitute any investment advice, and you are solely responsible for investing based on it!