Due to health reasons, I haven't discussed the market with you for three days, but I also took the opportunity to point out the direction for everyone and strengthen the long position. Although the process was simple, the result was almost the same as expected. It's not too easy to pocket the big pie of 3,000 points.
Then let's continue to look at it from a macro perspective. First of all, in terms of the election that the whole world is paying attention to, with Deng Zi announcing his resignation, it seems that Comrade Jianguo's election is basically a foregone conclusion. As a positive factor at the T0 level of the version, its level is ranked above the interest rate cut.
Secondly, the Ethereum ETF is about to be approved. It is not difficult to see from the continuous net inflow of Bitcoin ETF in the past two weeks that it has great potential for approval. At the same time, everyone is worried that Ethereum may repeat the phenomenon of fleeing the top. I think everyone can calm down a little. After all, the same market has different eyes. In addition to the ignorant reference to history, I think any investor can see its potential, and this potential must be approaching the 4,000 mark or a new high, and then it will be accompanied by selling pressure. Of course, this is also based on the basis of approval. Although the approval is a foregone conclusion, after all, the nature of the SEC, it is not impossible to postpone it again.
Finally, it is the interest rate cut that everyone is thinking about. At present, various forward-looking data basically show that the interest rate cut is imminent, and the FOM will also open the door to the interest rate cut. The rest is to finalize the period and intensity, etc., but everyone needs to pay attention to that the interest rate cut does not mean a certain benefit. The hidden dangers and impacts of the accompanying economic level are unknown, so we only need to make good expectations, and I do not recommend that everyone expect too much about the intensity. At that time, the foresight may make everyone pay attention to it.
After talking about the macro situation, let's take a look at the market. At present, Bitcoin can be said to be carrying the general trend. The upward trend is unstoppable. The medium and long-term trends such as the daily line are arranged in a bullish pattern. So as a long-term holding target, we only need to look at 7.0-7.2-7.5 in sequence. Although the process may be bumpy, please still hold the low-level thick code in your hand.
