《Forecast Trends----ORDI Point Update》
The reason for the decline in the price of bitcoin just now is that Daly, chairman of the San Francisco Federal Reserve, said something unfavorable to the crypto market on the issue of the Fed's interest rate cut, which added a bit of panic to the market.
Daly said that the labor market has achieved complete balance and the time has come to adjust the policy, but it is too early to judge the extent of the interest rate cut, which means that the interest rate must be cut, but it is just a matter of how many basis points.
ORDI revealed opportunities in this conversation. After we stopped profit at 36, Taco also asked fans to go to 27.9 to cover positions again.
Now we have successfully reached the position of covering positions. Everything is going according to our original plan. We are brave to cover positions and enter the market. This news has little impact and is not to be feared.
After getting on the bus, the first reduction target is around 35.1. If there is any change, Taco will post a message to inform you.
