Bitcoin has gone through four consecutive positive lines on the daily chart, all of which are attributed to the Fed's 50 basis point rate cut, which exceeded expectations. This morning, the market first gave a certain retracement and tried to test the lowest level near 62,500 without success, and then the exchange rate rebounded again. With the retracement of the exchange rate in the morning, we also left the market to protect our principal after covering the short orders we arranged yesterday. The exchange rate failed to test 62,500, and the rebound was inevitable. We also followed the trend and went long near 62,700, leaving the market with a 500-point space.

From the four-hour line, the K-line rebounded again after a small negative retracement in the morning, and the operating range of the K-line was also pulled up to the upper track of the Bollinger Bands. At present, such a large volume has the momentum to break the previous high again, and the pressure level of 65,000 has become a key node. Combined with the current four small lines of KDJ indicator line convergence, the possibility of a correction in the future market is still relatively large. The white market continues to rise and the current risk of short selling is relatively large. Today is Friday, and the short-selling volume is expected to be in the evening. So the white market is still going with the trend and continuing to look up.

Big cake can be more than 63200-63700, with a target of around 65000. Auntie can be more than 2500-2530, with a target of around 2600. #加密市场反弹 #美联储宣布降息50个基点 #特朗普首次使用BTC #美国大选如何影响加密产业？ #美国8月零售销售环比好于预期 $BTC $ETH