Hot topics of Master Chat:

Recently, many fans and friends have come to me to learn about primary market projects, and even some newly listed small currencies. To be honest, I generally don’t recommend everyone to test the waters - unless you are floating on the water, who would be willing to jump around in this water?

The reason is very simple: First of all, I rarely do research on these projects, but I have some experience in the market routines. After all, I have seen many dramas of "cutting leeks", and I also know how the actors act.

Don't think that trading is all about luck, and following the trend is like playing Russian roulette, which requires no skills. Why not buy a lottery ticket and get your heart racing?

The second is the big guys in the blockchain circle, many of whom made their fortunes by cutting leeks. Some do it blatantly - issuing a "copycat coin" or opening a "plate"; some do it covertly, like "staking Ethereum" and then throwing the coin to you at zero cost.

Or they may set up a "blockchain high-tech company" to do business in name only, but actually harvest your wallet in disguise. Think about it, those big guys are waiting for the right time to take out the sickle to harvest. As for when to harvest? That depends on whether their dinner is almost ready. Whether to harvest or not depends on the market atmosphere and their mood.

Next, let's talk about the Fed's interest rate cut this month. According to the current situation, the probability of a rate cut is still low. The Microsoft incident is a bit worrying, but don't forget that there are still a group of friends who ask me about the macro data, such as PMI and non-agricultural data.

First of all, PMI is not very influential, but non-farm data will fluctuate. The non-farm data will be released this Friday, and the expected unemployment rate will be raised from 4.1% to 4.2%, and the wage growth rate is also declining - this is a typical weak economic data.

Although this data itself is not good for the economy, it can at least provide an excuse for the Federal Reserve to cut interest rates. After all, the Federal Reserve will not be happy if unemployment rate rises and wages fall, and economic risks will not bring them more pleasure. However, we cannot say that the economic recession is coming. Let's see if the data released by the Bureau of Labor Statistics can bring us some surprises.

As for Bitcoin, as long as the Fed continues to cut interest rates, Bitcoin will not have a big correction this month. It has already given a small correction at the end of November, and it is possible to continue to rebound in the short term. After all, Bitcoin will run up as soon as it has the opportunity, following the interest rate cut.

As for the air force friends, now the bearish trend is 80,000 or even 76,000. I can only say that the span is too large and too unrealistic. If you really want to be bearish, you have to wait for the big cake to fall below 90,850, and the closing price cannot stand above 93,000. Only then may there be a minimum support of 85,755.

However, if the price does not fall below 94750 in the short term, and fails to close above 95855 after falling below, it will not continue to fall. On the contrary, if the price rebounds above 97450, the support will move up to 95755 again, and then rebound to 98200-98700, which are also the two key positions that everyone should pay attention to.

Master looks at the trend:

Resistance level reference:

First resistance level: 96750

Second resistance level: 98000

Support level reference:

First support level: 95000

Second support level: 94300

Today's suggestion:

The current rising selling zone has not been broken, and the high area is still in adjustment. Due to the lack of sufficient upward momentum and the lack of significant growth in trading volume, it is necessary to digest the upper selling zone through multiple backtests.

It is currently in the psychological support and previous low area, which is also an important short-term support line. In the short term, since the price is still fluctuating on the rising trend line, it is recommended to observe whether there is a downward breakthrough first, and use the candlestick pattern and trading volume of the low time period chart to assist in judgment.

The maximum downside space is the second support of 94.3k, and the trend of the 120-day moving average can be followed. If the downward trend is accompanied by an increase in trading volume, it indicates that the possibility of a decline has increased. At present, the big cake can still maintain the idea of ​​rebounding for layout.

12.3 Master band pre-embedded:

Long entry reference: 94300-94750 range light long position. If it falls back to around 93800, you can go long directly. Target: 96750-98000

Short entry position reference: No reference

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