It’s early morning on the weekend; I just finished placing the order and am updating my thoughts.
In the evening, the expected strength of the counterattack will be given.
As well as the support area of Bitcoin: 62500-62100, the first-line currency price rebounded in a small band for the second time in this support area. The author also made two short-term gains around this area.
We need to treat Saturday and weekend with caution. For short-term support, we need to pay attention to the daily moving average of 62,000. This is where the pressure has turned into key support. It can be said to be a bullish and short wind and water ridge. It is recommended that everyone focus on short-term play on the weekend.
Because this interest rate cut is completely different from traditional monetary easing, it is more like an emergency bailout to deal with the growing economic instability. #BTC #加密市场反弹 $BTC $ETH