⚠️I will only say the important strategy once⚠️
As positive news from the Bitcoin Conference continues to emerge, market sentiment seems to have been boosted. However, although Bitcoin tried to break through the $70,000 mark, it ultimately failed to stand firm, which raised market concerns about its possible pullback.
At the same time, Ethereum's performance also appeared relatively weak, especially after the Ethereum ETF was listed, the market showed obvious selling pressure.
Bitcoin is currently at a critical rebound high. With the Federal Reserve's interest rate meeting approaching on the evening of the 1st, the market may face an important turning point. As senior investors have said, good news at high levels does not necessarily indicate continued gains, and similarly, bad news at low levels does not necessarily mean further declines.
At the current rebound high, investors need to pay special attention to possible unexpected situations on the evening of the 1st, which may trigger sharp fluctuations in Bitcoin prices.
Ethereum seems to have derailed from Bitcoin recently, but the outlook for Ethereum is still very optimistic. Let's look further ahead and analyze the trend of Ethereum's upward oscillation from the daily line. The 4-hour level line is also in a high-level oscillation state. Brother Mao summarized it and suggested a cautious strategy: it is more stable to stop loss for short orders, and it is possible to break upward at any time.
Don't relax your vigilance for those who have long orders. #比特币大会 #美国PCE通胀放缓 #美联储何时降息? #美国以太坊现货ETF开始交易 #美国大选如何影响加密产业? $ETH