Overall, the market trend is exactly the same as what Laoshan said. Now it is just a staged rebound, and it has not reached the kind of rebound in the bull market. Don't look for 70,000 or a new high at a pull. Bitcoin's rebound today is also quite powerful, from 54,800 all the way to around 58,153, and Ethereum has also reached 2,380 US dollars from 2,280. Bitcoin is worthy of being Bitcoin. The head is the head after all. The rebound of Ethereum is relatively weak, and the rebound of the cottage is even weaker. I also reminded yesterday that the staged rebound is to pull it up and burst the short It is normal that many people's thinking has not changed. They think that they should go short at high multiples when it rebounds and give warmth to the dealer. If they don't listen to the advice, the market will eventually teach them a lesson. Currently, Bitcoin is watching the upper pressure level of 58,500. If it breaks through 58,500 and stands firmly at 58,500, then it will focus on the 60,000 mark. Focus on 54,000 US dollars below. The 50,000 mark is a strong support. The upper pressure level of Ethereum is 2450 and 2500, and the lower level is still the 2200 mark and 2000 mark. It is currently recommended that you do not touch the copycat.

Tomorrow night will be the CPI data, the previous value was 2.9%, and the expectation is 2.6%, but I personally feel that 2.6% is a bit difficult to reach. After all, the US economy is not that good now, and there is actually a risk of economic recession. Tomorrow is the dividing line of the market. Laoshan will also analyze the data tomorrow. In less than 10 days, there will be a rate cut, with a high probability of 25 basis points. The market expectation is 50 basis points. I will notify everyone to make arrangements at that time. Don’t think that the bull market is coming just because Bitcoin and Ethereum are pulling up. The US stock market has only risen by 2%. Be careful that the market arrangement will be trapped and another routine will be used. Now we just have to wait patiently for the rate cut to produce a better market, which will also be easier to do.

I will say this for the last time. There is still a risk of economic recession. Don’t touch the copycats recently. Keep your hands off them and don’t give warmth to the dealers. You can only see the rainbow after the storm. If you want to make a layout, you can also ask Laoshan. Laoshan is always here! #美国大选如何影响加密产业？ #美国经济软着陆？ #以太坊基金会