Morning strategy

Bitcoin changes direction again. The market that was originally correcting rises again, which means that the recent change in the market of Bitcoin will be very ordinary.

The biggest news about Bitcoin today is the content of the interest rate cut announced by the Federal Reserve.

The bullish trend today will be very intense. Everyone should pay attention when shorting, but the news did not say that the interest rate cut will be announced this week.

From the technical indicators, the MACD golden cross of Bitcoin goes up and the KDJ turns down, which means that the room for rise is limited.

The current four-hour trend is similar to the daily K-line trend of Bitcoin.

But we should be on guard against what if the United States does not announce the interest rate cut in September? Will the market fall back? I think it is possible. So we should pay attention to the market trend at any time

The trend of Ethereum is similar to that of Bitcoin

The upper side of Bitcoin is 62500 and the lower side is 60000

The upper side of Ethereum is 2450 and the lower side is 2300