12.16 Accurate Market Analysis
Good morning, brothers. Although the market has been confusing in the past two days,
we have navigated through the fog to grasp the overall direction and emphasized the importance of holding.
Currently, BTC has reached a new high, and ETH has also surpassed $4000.
Investment is about grasping the overall direction;
if you have a clear view, any buying will be profitable,
it's just a matter of earning more or less.
But if you guess blindly without logic,
you will either miss out or incur losses from shorting.
This week, the Federal Reserve, the Bank of England, and the Bank of Japan will announce their interest rate decisions,
it is expected that the Federal Reserve will cut rates by 25 basis points,
the Bank of England and the Bank of Japan will remain steady.
In addition, the U.S. will announce the November PCE and the third-quarter real GDP data.
Economic data has little short-term impact on the crypto market,
but it will determine the extent of next year's corrections.
The upcoming strategy:
1. Hold various cryptocurrencies and take profits in batches after they rise.
2. Do not chase after coins that have surged; being trapped could last for months.
BNB target: above $850.
ETH target: above $4500.