9.19
Technical side:
According to our expectations, the interest rate hike started this morning, and it was 50 basis points, so it was a stimulating rebound for the market. We reminded everyone in mid-August to enter the market in batches. From the perspective of market funds, there is not much incremental funds coming in, so the short-term volatility should be maintained. To start the interest rate hike, it means that the cycle has started, which is definitely good for the follow-up in the long run. So as long as he dares to step back again, it is an opportunity for me. Focus on the support below 61000 and 60500 and the upward resistance 64000
Ethereum is weak overall and needs some time to repair. It is relatively benign to give it some time to fluctuate and bottom out. Therefore, the short-term support below focuses on 2320 and the upper resistance 2430
News side:
The Fed cut interest rates by 50BP and started the interest rate cut cycle
Federal Reserve FOMC statement: Confidence in inflation has increased and is continuing to move 2% move forward;
BTC and ETH options with a nominal value of approximately $1.436 billion will expire on Friday
-9.20 sol conference
- On September 29, CZ is expected to be released from prison
