【Yesterday's market return plus today's market analysis and prediction】
Yesterday's market at 68,000 was actually a point of correction and rise. The hourly KDJ crosses at a high position. In this case, the decline is not large and it can rebound at any time, but the market keeps falling.
Last week, the non-agricultural data released a sharp drop in the market, and various institutions changed from optimistic about interest rate cuts to pessimistic now.
The US dollar index and the US dollar index fluctuated in a range. Gold rose overall, and US stocks also rose sharply. On the contrary, cryptocurrencies fell sharply. It is said that cryptocurrencies are digital gold, but yesterday's sharp drop was actually contrary to the trend.
To sum up, yesterday's market was deliberately smashed by the market maker, because cryptocurrencies are not supported by any real economy. It is completely capital and institutions that eat retail investors. Any fluctuations will not stabilize the actual economy. Did they know the inside information in advance and knew that the interest rate cut would be delayed and smashed the market in advance? Or did they know that the interest rate cut would be advanced and smashed the market to lure the market? After my analysis of the market information, recent data, and the entire market of BTC and ETH, I personally believe that the big cake will surge, and the bull market should start at this time.
This is just my personal opinion, for reference only. After all, before the CPI data and the Fed data are released, all analysis and predictions can be discarded!
The CPI data will be released at 8:30 tonight, and the market will definitely be hot. At 8 pm, analyze and predict the entire market in advance, and keep in mind the trends and points. At 8:20-25, look at the 15-30 minute, hour and 4-hour indicators. When the data comes out, you will have an answer in your mind soon!
