The market has clearly shown a steady rise in the past few days!
What should we do next?
From the daily line, the big cake has completed the second bottoming out, and the bottom range has been basically confirmed
In the early morning, the big cake hit 59400, and the ether 2376, and it has now returned to 60,000 US dollars. In the short term, as long as these two points are not broken, the bulls are still strong. The 4-hour K-line shows a long lower shadow. The decline was recovered in the morning. Go with the trend and embrace the trend. It is currently recommended to buy on dips!
At present, the market is looking forward to the interest rate cut notice on September 19. The Federal Reserve will announce the interest rate decision at 2 o'clock next Thursday to prevent the rise before the interest rate cut, and the interest rate cut will be bearish. Everyone remember to reduce positions at highs!
Because the weekend volatility will not be large, intraday short-term trading strategy:
$btc: 59411, 58916 long position 5.5
Stop loss: 58456, target 60682
$eth: 2381.6, 2342.4 long position 5.5
Stop loss: 2315.1, target 2448.68
$sol: 136.1, 133.9 long position 5.5
Stop loss 132.48, target 139
The above content is for reference only! If you have other opinions or views, you are welcome to leave a message in the comment area for discussion!
