9.26 Market Analysis
Market Review: The market has a correction trend.
Fund Flow: Yesterday, ETF fund outflow reached $79 million, and the BTC reserves and stablecoins in the exchange remained stable.
Market Sentiment: Some funds are on the sidelines, waiting for the release of key data today and tomorrow before making decisions.
Key Data:
8:30 tonight: The final value of the second quarter GDP data and the number of unemployment benefits will be announced. 8:30 tomorrow night: PCE data will be released as a key indicator for the Federal Reserve to measure inflation.
Strategic Recommendations:
Economic Recession Expectations: If the data shows an economic recession, it is expected that interest rates may be cut by 50 basis points in the next few months, which is good for the currency circle, and BTC is expected to break through the $64,000 resistance level. Strong Economic Expectations: If the data is strong, BTC may usher in a short correction to around $61,000, but the long-term trend will not be affected, so avoid blindly chasing ups and downs.
Currency Holding Strategy: It is recommended to hold the currency and make a long-term layout.
Recommended holdings:
Altcoins: $Chr, $FTM , $STX, $AR, $Astr, $Klay
Large market cap coins: $BNB , $BTC , $ETH
Keep calm, pay attention to data, long-term layout, and hold coins steadily.
