9.14 Market Analysis
Recent live broadcast content is as shown in the figure
The bullish target of 60700 for this 4H trend reversal of Bitcoin has been reached
The target of 2450 for Ethereum has also been reached
The logic is as shown in the figure and the text is paraphrased
From a technical point of view, what needs to be waited for is whether Bitcoin has a top-building behavior at the 1-hour level. If a double top structure appears, this wave of rebound is over. If it continues to adjust sideways, the upper target will continue to be in the range of 62000-62500. Give the market some time
Ethereum has been dragged down by the wife. Did Vitalik meet a gold digger? Selling Ethereum every day, just compare it with Bitcoin, no sense of participation
From a personal point of view, the 12H and daily closing bald barefoot big positive line is very strong, Bitcoin should not have finished rising, but here to participate in the long position can only be short-term long, and must wait for the signal to enter the right side. The higher it goes, the more it is the position for long positions to stop profit, and the profit and loss ratio is not very good. But the good thing is that there is no large profit-taking and liquidation at present, which means that the main bulls are still watching the market environment. Therefore, retail traders should follow the trend direction at a small level instead of blindly shorting.
From the perspective of US stocks, the S&P 500 rebounded strongly. There is no interference from US stocks on weekends. Wait for the profit-taking orders near 60,500 to move out of the K-line before judging whether it has reached the top. There should not be a big rise on the day of the interest rate cut because the market has priced in advance, but as long as it falls, it is our opportunity to enter the market. If the big cake successfully stands above 65,000 in the next half month, then the third wave of weekly rise will start, and the target is still 80,000-100,000. From the timeline, it is in line with the expectations of the October bull market.
The macro news market has gradually become blunt. I haven't paid much attention to data and trends recently. The trend of the big cake is too closely linked to the US stock market, so I only look at the US stock market to judge. Everything will be reflected in the K-line, so don't pay too much attention to the news.
The bitcoin ecosystem products, sats, and ordi that have been mentioned repeatedly in the live broadcasts these days still have hope for a trend reversal. 1000 sats has been in a bullish trend but has not been adjusted well. CKB has taken the lead in reversing the trend, so just keep an eye on it. People is the low point of the retracement after the reversal, and it will continue to break through against the trend in the future! #美降息25个基点预期升温 #比特币年底能否突破10万美元?