[2024.9.29 Analysis of the Big Cake and the Trend of the Whole Market]
Good evening, friends. Tonight, we will use patterns to analyze the market trend. Before the analysis, let me give you a summary:
As September draws to a close, October is coming soon, and there are only 38 days left before the next interest rate cut. Since the 50 basis point interest rate cut on September 19, the market has been quite good this month, and the whole market has risen. So how should we operate next month? You can rest assured here. I will insist on analyzing the market every day and post it as soon as possible. So, friends who haven't paid attention yet, pay attention to me, don't get lost, you can't find it!
At present, the 65,000 stage high of Big Cake has been broken, and it has stabilized. Now the bottom is raised, the top is also raised, and the bull market is clear. Next, wait patiently for a larger increase, which will follow in the near future.
From the perspective of the moving average, it is clear that the market has successfully broken through the EMA200 moving average. The moving average trends are all upward and stable above 64500. These are all signals of future market rise. The market has reversed. Don’t doubt whether the bull market is coming. I can tell you with certainty that it is a bull market now!
Bull markets are always born in despair, grow in doubt, and mature in optimism. (Those who know first eat meat, those who know later drink soup, and those who pay without knowing it) #BTC走势分析 #
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