11.15: Morning market overview:
BTC closed with a real volume negative line in the morning, and closed with a positive line yesterday. In the past two days, a bearish engulfing has been formed, which is what we often call a negative engulfing positive line. The market may continue to pull back, and the bull market fluctuates greatly. Please be cautious in placing orders!
This morning, Mr. Bao said that the Fed does not need to rush to cut interest rates. The Fed is committed to completing the task of controlling inflation! Perhaps the possibility of a rate cut in December is very low! As of today's closing of the US stock market, all three major indexes have fallen. Bitcoin is also retreating after the failure of the stamping. Today is another day of sideways trading at a high level. Bitcoin has pulled back, but the obvious fluctuation of the cottage is not as large as the pullback in the past few days. What does it mean? It means that the liquidity of Bitcoin has begun to turn to the cottage! So we are not lacking opportunities, but holding the cottage and waiting.
Yesterday, 2,460 Bitcoin ETFs flowed out, but BlackRock still bought 1,380. At the same time, Trump's Senate allies suggested that the Fed sell some gold and then change positions to BTC without increasing the government deficit. This is a clear positive, maybe it will send the price to 100,000 again! Today's support is 86810.88 85078, and the pressure is 89177.61 90744.68.
Follow me and you won't get lost. I will give you the latest information and point analysis every day! And the wealth code you want, remember to follow me!