Let's talk about the market directly.

Today, Bitcoin has completely stood at 58,000. Thirteen said in the previous article that Bitcoin has a high probability of going up. 55,000 is a good entry point, and 58,000 can be seen directly upward.

Now it has stabilized at 58,000, how will the market go next?

Thirteen believes that this market may be the location where the upward channel opens.

Of course, the market may continue to squat, but the squat point is unlikely to fall below 55,000.

The CPI data last night was positive, and the PPI tonight, regardless of whether it is long or short, will not have a big impact on the market.

In another 6 days, the FOMC meeting will be held. Whether it will be a 25 basis point or 50 basis point interest rate cut will usher in the final answer.

There are many voices in the market now. Some people think that the market will fall after the interest rate cut, and some people think that the interest rate cut will rise, which makes sense.

But one thing can be confirmed, in the long run, the market after the interest rate cut will definitely be upward.

If you are a short-term arbitrageur, I can't give you any advice, but I am a long-term investor. Whether it is the decline before or after the rate cut, it is an opportunity for us to enter the market.

To paraphrase the words of the national football team, there is not much time left for the Chinese team.

Similarly, there is not much time left for investors in the currency circle to buy the bottom.

Now it is almost certain that 55,000 is the bottom range, and the upward channel is likely to open in October.

We have all bought enough chips at the bottom, and we hope that the market will soothe our broken hearts in the past few months.