Blockchain Liangqiu: The Fed cut interest rates on September 19. Can Bitcoin and Ethereum continue to rise strongly?
The Fed cut interest rates by 50 basis points at 2 o'clock last night, and Bitcoin and Ethereum rose sharply. So far, Bitcoin has reached a high of 62550 and Ethereum has reached a high of around 2410. We arranged the idea of pulling up short orders in the morning yesterday, and we were also busy arranging the interest rate market in the evening last night. Therefore, we did not arrange the stop-profit notification when we reached the stop-profit position many times. You can refer to the specific points after the decline and retracement. There is no time to make the real-time reminder at a critical moment. After all, the time market is the main focus. Talking about the Fed's interest rate, the news will stimulate, and there will definitely be a wave of emotional pull-ups. This is inevitable.
Last night, I also talked to many customers about the positive news of interest rates. You can do a high-level long order, but in a deeper sense, the interest rate cut also means that the decline of the US economy is inevitable. Looking back at the pace of interest rate cuts in the US stock market over the years, there have been large declines in the follow-up. We also need to pay more attention to this in the follow-up operations, and don't rush forward directly when you see the good news. In addition, the altcoins and Ethereum have also fallen sharply over this period of time. It is normal to rebound with the help of the so-called good news, but it is just a rebound, not a reversal. The blood-sucking market of Bitcoin still exists, and the market is mainly expected to rise and fall.
In terms of white-time operation, short orders are directly entered at around 62200 to 62500 for Bitcoin, with a target of around 60500; short orders are entered at around 2410 to 2430 for Ethereum, with a target of around 2340. #美联储宣布降息50个基点 #加密市场反弹 #美国大选如何影响加密产业?