What do you think about the market tonight? Click like + follow first, and listen to Brother Ming's analysis!

The market has been very easy to trade in the past two days. BTC has been fluctuating in a box. You can just grasp the price range and buy low and sell high, but remember to set a stop loss. Where to sell high? Where to buy low? Buy low around 53,500 and go long, and set the stop loss at 52,900. Open a short order for selling high around 57,500, and set the stop loss at 58,500.

At present, BTC has been fluctuating back and forth in this range in the past few days. We have made 2 short orders and 2 long orders by selling high and buying low, and the profit of each order is about 2000 points. It is quite good, and it is a great profit.

There is another thing to note. At 22:00 tonight, Fed Chairman Powell will give a speech to Congress. My personal opinion is that it is unlikely to announce good news about interest rate cuts. Because the United States is now in a difficult situation. After raising interest rates for several years, it has not achieved a decent harvest. Instead, it has paid a lot of interest. It must be unwilling to accept it. If an interest rate cut is announced at this time, it is equivalent to paying a price in vain in the past few years, but in the end it does not get anything back. It can also be understood as financial surrender, which is unacceptable to the Americans.

Now the bald eagle wants to pull the rabbit out of control, wait for the rabbit to go bankrupt, and then cut interest rates to complete the harvest of core assets. The rabbit is also holding on, waiting for the bald eagle to no longer be able to bear the high interest rate. Whoever gives up first will take many years to recover. This is related to the fate of the country, and everyone is holding on.

Therefore, the fluctuation at 10 p.m. tonight is easy to understand. Let’s all make preparations!

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