Unemployment benefit data released, the market needs to respond cautiously

Bitcoin has recently risen to around 64,400 and encountered resistance. It is currently in a volatile trend, with support below 63,700. Ethereum is relatively weak and needs to stand firm at 2,630 to follow Bitcoin's pace, with support around 2,600.

In terms of US economic data, the number of initial jobless claims in the week of September 21 was slightly lower than expected, at 218,000 (expected 225,000), which was slightly bearish for the US dollar. The final values ​​of the annualized rate of real GDP and the annualized quarterly rate of the core PCE price index in the second quarter were in line with expectations, at 3% and 2.8% respectively, and the market reaction was flat.

The market will then usher in multiple meetings, and volatility may increase. Investors are requested to set stop losses when opening positions and be alert to potential risks. The content of the meeting is changeable and greatly affected by market interpretation. It is recommended to operate with caution to avoid unnecessary capital losses.

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