September 19 (Thursday) Bitcoin and Ethereum Operation Strategy
The Fed's interest rate cut event has come to an end. This time, the interest rate cut of 50 basis points has opened up new opportunities for the bull market. The price of Bitcoin finally climbed to the 62,500 line. The bullish views mentioned earlier have all been fulfilled, and the participants of the band trading have obtained rich returns. If you did not participate, you may have chosen the wrong direction.
Judging from the current market performance, Bitcoin once surged to 62,500 in the morning, but failed to maintain its strength, and then fell back to the 61,500 line. The overall callback strength is relatively small, and it is currently fluctuating and consolidating in the 62,000 area. From the 4-hour chart, the real big positive line broke through the upper track, confirming the upward trend again. The current K line is running near the upper track. The attached indicators MACD and KDJ both show an upward divergent trend. The overall structure appears to be quite strong. In the short term, 62,500 is not the top. Breaking through is only a matter of time. The market outlook still sees the continuation of the bull market.
Afternoon suggestions:
- Bitcoin: enter long orders in the 61700-61400 area, and the target is 63500-64000.
- Ethereum: enter long orders in the 2400-2380 area, and the target is around 2500. #币安上线NEIRO #新币挖矿HMSTR #美联储宣布降息50个基点
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