24/09/28BTC monthly line is about to close, short-term high of 66500 and then fall back, the central bank cuts interest rates by one trillion to save the market!
The 924 new policy was officially announced, the 926 high-level meeting set the tone, and the 927 central bank announced a reserve requirement ratio cut: starting from September 27, 2024, the deposit reserve ratio of financial institutions will be lowered by 0.5 percentage points. This measure is expected to release about 1 trillion yuan of long-term liquidity, and 10 trillion yuan of reinforcements are being shipped continuously...
The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index fell for three months and rose in four days. Yesterday, the exchange was down, and the Shanghai Stock Exchange apologized. However, rumors have it that CITIC had 80,000 short orders, and the price rose by 325 points in four days, which means a loss of nearly 8 billion yuan. The central bank has introduced policies to support the purchase of stocks. The first phase of 500 billion yuan may have a second and third phase...
Flatbread
There are three days left when the monthly closing line will basically return to the opening and closing price line of the previous six months near 67,000. If the new month opens low and pulls back to the range of 60,600-60,230, it will be the last chance to get on board. I predict that the trend will maintain a oscillation in the middle track of the weekly BOLL and then rise, or it will pull back to 60,600-62,300 and then directly rise to 80,000-100,000.
BTC hit a high of 66,500 in the evening and then fell back. It continued to rebound in the morning and the daily upward trend remained unchanged. Although it fell under short-term pressure, the current market has entered the double-yin and yang range of 66,200-70,400 from June 11th to 13th. The trend will become very volatile. The next pressure is 67,000. If it breaks through, it will look at 68,500. If it falls below 67,000, it will pull back.
The 4-hour chart is still within the rising channel, so the bullish trend will remain as long as it is not broken. After breaking through 64,800 in the 1-hour chart, it will continue to move in the accelerated rising channel. If this channel is broken, you will need to reduce your position.
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ether
Ethereum reached a high of 2726, which is less than 100 points away from the 2800 weekly pressure. The daily upward trend has not been broken. The probability of a breakthrough has increased, but only short-term corrections can be intervened. The 4-hour support has moved up to 2600.
The ETH/BTC exchange rate has pulled back to the bottom support near 0.04. Continue to pay attention to the support here and the probability of a rebound is relatively high. At the same time, be vigilant to prevent it from continuing to fall below. At that time, the altcoins led by Ethereum will need to reduce their positions.
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$BTC $ETH $SOL #HMSTR开盘 #美国二季度核心PCE符合预期 #美国8月核心PCE创4月以来新高 #美联储11月降息预期升温
