Market Analysis 9.25
Good morning, brothers, BTC is hovering around 64,500.
We have analyzed multiple logics for you in the past few days. Let us make a brilliant summary.
[Big Trend] Bullish
[Reasons]
(1) The Federal Reserve is in a new round of interest rate cuts and may cut interest rates twice this year
(2) The People's Bank of China has also cut interest rates and reserve requirements, releasing 1 trillion yuan of long-term liquidity
(3) Most central banks in the world have started to cut interest rates, including the European Union and the United Kingdom
(4) The Mentougou crash that has plagued the cryptocurrency circle for 10 years has consumed 80% of the funds, and the remaining 20% will be completely solved
(5) The next US government supports cryptocurrency
(6) Japan, South Korea and other countries are vigorously developing cryptocurrency
[Operational suggestions]
Hold patiently. Except for the ones that have skyrocketed, you can go out of the band. The other weekly lines that have not skyrocketed are just started. Don't be washed out by the small fluctuations in the middle. The cost of getting on the train later will be high
[Recommended currencies to hold]