$NEIRO

I. Market background

Price trend: Current price 0.0013843 USDT, 24-hour drop of 9.34%. EMA (7) and EMA (25) are in a short position, the short-term moving average is below the long-term moving average, and the bear market sentiment is obvious.

Trading volume: The recent trading volume has decreased compared with the previous period, the market activity has decreased, the selling pressure has been temporarily relieved, but the buying pressure is insufficient.

Support and resistance: The support level is near the recent low of 0.001380. If it falls below, it may further bottom out; the resistance level is EMA (7) of 0.00155586 and EMA (25) of 0.00171661. Breaking through the resistance is expected to reverse the short-term decline.

II. Impact of the Fed's interest rate cut

The Fed's interest rate cut is usually beneficial to the crypto market, increasing market liquidity, and funds may flow from traditional markets into crypto assets. The following impacts may be had on $NEIRO :

Bringing short-term rebound opportunities, positive news may stimulate capital inflows and drive a small increase.

Market sentiment should be noted. If the overall market is cautious, $N$NEIRO may be limited and still suppressed by the overall trend.

3. Christmas market impact

The market has a "holiday market" during Christmas:

Capital inflows may trigger a rebound, and investors may take advantage of the holiday atmosphere to make short-term arrangements.

Trading volume shrinks and volatility increases. Some traders leave the market, resulting in insufficient liquidity and greater price volatility.

4. Outlook and strategy for the future market

Focus on support levels: In the short term, focus on the support strength of 0.00138.

EMA breakthrough signal: The price breaks through EMA (7) of 0.00155586, indicating that a short-term rebound has begun, and entry can be considered.

Trading volume changes: In the market reaction to holidays and the Fed's rate cut, the rebound will be more sustainable if the trading volume increases.

Summary: NEIRO rebounded due to the Fed's interest rate cut and Christmas market sentiment, but the overall downward trend has not been reversed. We need to pay careful attention to the support level and trading volume changes. Short-term operations are combined with the overall market trend. #加密市场盘整