10.16 Afternoon Analysis

Yesterday, as the market expected that the Federal Reserve would cut interest rates at a smaller pace in the next year and a half and that Trump would win the election and boost the dollar, the U.S. dollar index continued to rise and hit a two-month high. Yesterday, the price of the currency rose after a washout, and the daily line broke through the high and continued to rise, which is completely in line with our thinking. 64800 is also a strong support. In the evening, the current price of 65300 was given at the top of the mountain, and the target was 67200, and the price closed at 67200. It went up to the first-line 68,000 mark and suppressed a rapid rebound of 3,000 points. The US market did not rise simply, but went up and down like a roller coaster. Lower support is 66500

In the daily K, the golden cross of the stochastic indicator is upward, which is the main bull signal; in terms of form, the Bollinger Bands are shrinking, and the form is not a high point, not a peak form. The 4-hour chart temporarily maintains a range operation, and the Bollinger Bands fluctuate upward, supporting Moving up, the pressure shrinks; it is recommended to go long on dips.

BTC operation recommendation is 66500-66700, add 66100, defend 65600, target 69300

ETH operation suggestion 2585-2595 2550 increase the position and defend 2520 target 275043903031477058835216424966864888786224790403#ETH $BTC $ETH 76943071 873