All friends, please note that this wave of market has taken off. Lao Deng did not sleep all night and waited for this big wave of market. And found the reason for the $BTC surge!
First, there are rumors that the SEC will make a 180-degree turn on approving the spot Ethereum ETF. The implementation of this news will be a major positive, and it will usher in a large amount of ETF funds to flow into the market to raise the market value.
Second, there are reports that the US dollar will usher in an interest rate cut. Even before the official news of the interest rate cut, many small and medium-sized banks in the United States have been preparing for the interest rate cut. This interest rate cut will bring about the release of funds, and a large amount of US dollars will flow into various high-quality assets, especially the #BTC market.
Based on the experience of the last ETF, Lao Deng thinks that the market will have a wave of long and short double kills. The next strategy can be as follows:
BTC: 69500-70500 open short, 71500 stop loss, 68500 stop profit
To grasp the fruits of victory, you must overcome the impulse to use the saved part again.
