#美降息25个基点预期升温 #特朗普哈里斯辩论未提及加密货币
The Federal Reserve is expected to cut interest rates by 25 basis points in five days, and the market expects this to start after the weekend. According to previous analysis, interest rate cuts will cause a large amount of capital to flow into the market, but it also reminds investors to be wary of traps in the market. The market maker may start the market after both long and short kills. Although the market is full of traps, after this period of time, the market may rebound significantly.
Regarding Trump, he plans to launch a cryptocurrency called WLFI on September 17. Trump and his son have shown strong interest in the cryptocurrency community, and Tesla's Musk has also supported cryptocurrencies such as Dogecoin and Bitcoin. If Trump is elected, it may have a positive impact on the cryptocurrency market, while if Harris is elected, it may be detrimental to the cryptocurrency market because she is more interested in profiting from war than economic development.
Currently, the price of Bitcoin is hovering around $57,700, reaching a maximum of $58,426, but has not broken through the pressure level of $58,500. The lower support levels are at $54,000 and $50,000.
Ethereum is trading around $2,350, having pulled back after previously reaching $2,391. Pay attention to whether Ethereum can break through $2,450. If it breaks through and holds, the next target is $2,550. The lower support is at $2,200, and if it falls below, you need to pay attention to $2,000.
For altcoins, it is recommended to wait patiently for a few days and expect the movements of Bitcoin and Ethereum to move the entire market. Although Ethereum is currently underperforming, I believe the market will improve. Investors are cautioned to seize the current opportunity because if a post-election recession hits, markets could be very negative next year.
