[2024.9.19 Bitcoin and Ethereum intraday market analysis]
Brothers, the wave of interest rate cuts has finally come to an end. It was reduced by 50 points in the early morning. I talked about this base number and analyzed it in the small family this afternoon. There is nothing surprising. #美联储宣布降息50个基点
The only thing that surprised me was that I saw someone shorting in the square and still holding orders. Why do you want to short? The interest rate cut is a real release of money. No matter whether the US economy is in recession, it has been reduced. Anyway, it has been reduced. It is good news. Why do you still want to suppress the price of the currency by your own strength? Think about the days after the interest rate cut in the last round of bull market, the currency price was going up with the left foot stepping on the right foot!
Last night, I said that there is a risk of falling back after a wave of pull. The line of 3/4 points behind has fallen below the lower shadow line of 2 points, so the reminder is in place. Don’t talk about hindsight!
Today's market analysis:
$BTC Currently, all levels of Bitcoin are bullish, and the 1-hour level is oscillating sideways at the top. If there is a pullback today, pay attention to the position of 61245 below. If it falls below this position, the 1-hour level will start to pull back. Pay attention to the support level below 60640-59730-59140!
As long as it does not fall below 60640 today, the 4-hour level is still on the bullish side. A small-level pullback will still go up. Pay attention to the upper target/pressure level near 62760-63510-64190! #BTC走势分析
$ETH Currently, Ethereum rebounds at a small level on the daily line, and the 1-hour level is oscillating sideways at the top. If there is a pullback today, pay attention to the position of 2371 below. If it falls below this position, the 1-hour level will start to pull back. Pay attention to the support level below 2345-2310-2281!
As long as it does not fall below 2345 today, the 4-hour level is still on the bullish side. A small-level correction will still go up. Pay attention to the upper target/pressure level near 2415-2438-2464! #ETH走势分析
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