9.19 Bitcoin Market Analysis and Layout
The US cut interest rates by 50 basis points, which is similar to what everyone guessed. It did not directly cut 75 basis points as some senators said. Powell also said that they are not in a hurry to cut interest rates significantly. Due to this news, the price of the currency rose to 61,000, but it fell again in less than three minutes.
It was not until 4 a.m. that Bitcoin rushed to 62,000. The total contract liquidation amount of the entire network reached 186 million US dollars, of which short orders accounted for 110 million, and more than 67,000 people were liquidated. Yesterday's post also kept reminding people not to short, although it was not in the ideal position.
At the time of posting, the price was around 62,060, and the price was sideways at a high level. It was not easy to enter long or short, and it seemed that most of the white market was like this. From the K-line, the prices of 4 hours and 12 hours were respectively rising, and there was a demand for a short-term decline in 15 minutes and 1 hour.
Yesterday, it was said that Ethereum had fallen to the floor and asked everyone not to short. Today, it was indeed tough. Ethereum is on an upward trend for 1 hour. Sol may have a big rally tomorrow, and it may also have fallen too much. It is also OK to rise today. Today, BNB is lax.
Today's operation ideas: BTC613-607 sees around 629
Ethereum synchronization
The above personal ideas, the points are time-sensitive and subject to the actual market!
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