BitEagle 🦅6.9 Accurate Market Analysis @Everyone
Good morning, brothers. Yesterday, the United States announced that it would deploy 80,000 troops in NATO. This is the rhythm of fighting with Russia. The cottage continues to shrink.
This sharp drop is due to the non-agricultural data exceeding the standard.
The expectation of the Fed's interest rate cut has been greatly delayed.
The whole market has no money, only ETFs have capital inflows.
It is now the eve of the interest rate cut cycle,
but various black swans in the middle,
which makes the cottage too easy to shrink.
Long-term investment is relatively stable, but the short-term fluctuations in the middle are tormenting.
Because of the large inflow of ETF funds this week to buy BTC,
BTC should not fall below $68,500 before next Wednesday,
but may fall below $69,000.
CPI data will be released next Wednesday.
There may be a panic drop before the data is released.
The next step depends on the release of CPI data.
AR fell to $36.8, and the AO token announcement plan will be released next Thursday.
Hold it and don’t move. Spot is not a big problem.
Spot 60% position, if there is a rebound before next Wednesday, reduce the position to 30% first.
If the CPI data is good after the release, we will buy it back.
