In the short term, the daily price of Bitcoin almost shows a unilateral and stable upward trend, with the intraday high reaching above 64,700 points, and Ethereum also rebounded to around 2,690 points. From the trend, the four-hour bullish pattern of Bitcoin and Ethereum has not changed. After the adjustment at the hourly level, it is expected to continue to test the upper pressure level.

The exchange rate of Ethereum has accelerated in the past two days. In addition, I have also noticed that the transaction fee of Ethereum has soared extremely rapidly this month. It has soared more than three times in less than three weeks, which directly led to a large increase in the number of Ethereum destroyed, from 80.27 ETH on the first day of this month to 1360 now, an increase of more than 1600%. Maintaining long-term deflation is the strongest manifestation of Ethereum's market competitiveness.

There have been quite a lot of positive news on the Internet in the past two days. The voices outside the market for a strong interest rate cut of 50 basis points in November have suddenly become louder, and the current probability is close to 50%. From the logic of this month's interest rate cut, if the inflation data remains within a reasonable range and the unemployment rate rises slightly, adhering to the principle of high-intensity defensive interest rate cuts, it may really be implemented again beyond expectations. If this is true, after a short-term recession panic, market liquidity will be directly injected in advance, and there will be no obstacles to the early arrival of the big bull market.

According to the data, Bitcoin spot ETF had a net inflow of $92 million on Friday, and Ethereum spot ETF had a net inflow of $2.9 million. Bitcoin's data remains relatively strong, and there will be better expectations in the future. Last week, Bitcoin spot ETF had a net inflow of $397 million, while Ethereum's weekly inflow was still weak, with a net outflow of $26.26 million.

There is nothing much to say about the current market of altcoins. Most altcoins will move out of the right market within two weeks. The aggressive way to play is that if there are targets that enter the market at a high level in the early stage, and the currency logic is not too niche, you can wait to buy after the right side breaks through, and then sell directly above the cost after a wave of pull-ups after reducing the holding cost. Don't pay attention to the short-term altcoin market, and don't pay attention to the short-term market if you hold long-term value.

The wind starts from the tip of the green duckweed, and the waves form from the ripples. When the market is first gathering momentum, there are often many external factors that interfere with our thinking, confuse our judgment, and make it difficult for us to make the right decision. But after we realize it too late, we hesitate between waiting and chasing the rise, and often miss the final opportunity to enter the market.

Go forward triumphantly, no mountains or seas are far away; take advantage of the momentum, no days or months are limits. You are never alone on the road of trading, the road is long and difficult, in the second half of the bull market, Uncle San will continue to ride the wind and waves with you.

BTC: The high point of Bitcoin's daily rebound is expected to remain unchanged, still around 67,000 points. The four-hour or daily line has temporarily shown a small level of breakthrough tendency. The short-term bull support has moved up to 62,000 points, and the four-hour oscillation bottom is around 63,000 points. The daily line continues to be dominated by bulls.

ETH: The exchange rate and growth of ETH continue to pick up, with a sense of late-stage catch-up. Short-term bullish pressure is within the range of 100 points around 3,000 points, and is expected to be temporarily blocked.

COMP: With a small focus, the daily trend is still there, it has rebounded 25%, and there is still room for growth.

SATS: The bottom of the daily trend. If we maintain this position, there will be another small daily market trend.

In the short term, the focus is on the old blockchain sector (such as AVAX, NEAR, etc.) and the AI ​​sector (Pixel and AI, etc., which were severely oversold in the early stage). Currently, both sectors have experienced some independent upward trends.

The Fear and Greed Index is 50 during the day.

Finally, stay away from leverage and stock up on spot goods! ​​​#新币挖矿已上线HMSTR #本周美国将公布PCE、GDP数据 #币安上线CATI #加密市场反弹 $BTC