Afternoon market highlights:
1: Bitcoin has a one-hour top divergence; pay attention to the strong supports at 73600 and 72700 for long positions.
2: This morning, the long-short ratio for Bitcoin was 0.59, indicating too many short positions, with some KOLs represented by Xiaoxia.
3: Ethereum's daily chart shows a bullish engulfing pattern, with trading volume tripling. Currently near previous highs, holding above 2820 signifies the arrival of altcoin season. As long as it can stay above 2700, the upcoming market will continue to rise.
4: Today, it's safer to place hourly-level support orders at 2775 and 2728, holding a position of 5.5. These are excellent entry points, with a stop loss at 2700, especially since the Federal Reserve's interest rate meeting will happen tomorrow.
5: The Federal Reserve will lower interest rates by 25 basis points this week and next month, but may slow down to acting once every other meeting afterward.
6: For friends with long positions, remember to take profits in batches, keeping some aside. Don't gamble; secure your gains and buy back at the bottom, rolling your positions back and forth.
7: Dogecoin's whales have already sold at high levels. In the future, any explosive coins must be sold in batches, similar to Dogecoin.
8: If BTC.D reaches a peak, then Bitcoin will likely oscillate upwards slowly, and the altcoin season will genuinely see a wave of activity.
9: Neiro's pullback is the most considered entry point for altcoins.