Urgent Reminder!
The market may not have completely fallen today!
We need to keep a close eye on the interest rate meeting over in Japan, especially around 11 AM.
If Japan dares to raise interest rates, let’s not rush to touch the bottom of the 4-hour chart; be patient and wait for opportunities at the 8-hour and daily chart bottoms.
Remember, once the meeting is over, regardless of the outcome, the Japanese stock market has already closed.
If they really raise rates, when the Japanese market opens in the afternoon, it could lead to a crash, and the likelihood of a significant drop here on our side increases.
If there is a real crash, don’t panic; keep your composure! If the price is still some distance from the lower bound of the 4-hour chart, look for opportunities to enter near that area.
If things still don’t seem right, then go for an additional position at the middle band of the 8-hour chart, then at the lower bound of the 8-hour chart, and finally at the lower bound of the daily chart.
But remember, bottom fishing carries considerable risk, so absolutely avoid high-leverage contracts, and definitely don’t go all in!
I’m saying this only to remind everyone to be aware of the risks, not to imply that Japan will definitely raise rates.
That said, it’s been 4 months since the last rate hike, the Federal Reserve has cut rates 3 times, and Japan has only raised once, so I personally feel that the possibility of a rate hike this time is quite high.
Here are a few important reference points:
The 8-hour bottom for $BTC is at 94,000, the daily bottom is at 81,000, and the 3-day bottom is at 62,000.
The key point for $ETH is between 2,914 and 2,295.
For $SOL , it is between 174 and 127.
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in the shanzhai market, with an expected return of over 10 times being feasible. Like and comment, and I’ll help you layout the entire bull market!
