After Bitcoin broke through 60,000, it could not stabilize here. Is the market heading for a weak decline⁉ No‼ The current market is more like a aggressive short selling trap before a wave of upward trend‼

Everyone knows that both the U.S. stock market and the cryptocurrency circle experienced a shar[p fall after the Federal Reserve announced unemployment data last week. It can be said that this plunge shocked all traders. However, this unemployment data is not objective statistic. Therefore, after the decline of the U.S. stock market, more traders believe that the Fed’s interest rate cut from September to October will be positive news, so the U.S. stock market took the lead in starting a bounce.However, there are many institutions are still initiating the whipsaw to make the immaturity of traders and t many investors in Bitcoin to lose money, which caused a surge of the U.S. stock market that everyone saw last week, while the crypocurrency expeienced a constant delcine. In fact, it is not a negative news, but the entire US financial system generally believes that there will be a bull market from September to October, but the institutional control methods of the currency circle are stronger, and the trading ability of retail investors is weaker, so it takes longer for Bitcoin to wash the market. That is why the US stock market took the lead in launching a large-scale rebound due to the influence of the Federal Reserve data, but the currency circle is still falling. So I am personally more bullish on the subsequent trend.Then there may be a small bull market by the end of September at the latest. It is possible for ETH to break new highs, but if it does not do so, it is possible to form a one-way market trend , with a upward movement.

Therefore, we suggest that everyone place long orders at 2556 since Ethereum has been stagnant and weak. At present, this buy order is still held, and we want to hold this buy order for a long time until the end of this week. Let's see if there is a chance to form a one-way upward trend to make a larger profit.#CPI_DATA