Strategy analysis on Friday, November 8

The financial market will welcome the interest rate decision. If the interest rate is cut by 25 basis points, the cryptocurrency market may hit a new high. Bitcoin has broken the 71,500 support, and the bulls are obvious, but we need to be wary of the risk of daily volume divergence and callback. Although Ethereum is weak, it has risen sharply after the breakthrough and has explosive power. The small level crosses the large level, and the daily bottom-to-bottom structure is upward. It is recommended to follow the general direction after the callback and make a long position according to the retracement.

Operation suggestions:

Bitcoin is around 75100-75600, and the upper range is 77400-77900

Ether is around 2820-2780, and the upper range is 2890-2940

$BTC $ETH #DOGE看涨情绪飙升 #美联储利率决议来袭 #山寨季将至? #特朗普加密政策承诺 #美国大选后涨或跌?