9.13 Accurate market analysis
🌟 Morning News 🌟
Currently, $BTC has rebounded to the key level of $58,000. It is worth noting that the hourly MACD indicator is showing signs of divergence, and coupled with the weekend effect, it is expected that there may be a slight correction in the next two days. However, please rest assured that the overall trend is improving and continue to hold the currency and wait for it to rise.
📈 Market in-depth analysis 📈
This correction is actually a healthy market adjustment, which has effectively cleaned up floating chips and further raised the average cost line of holders. Currently, most people’s BTC holding costs are concentrated around $55,000. This means that the market's downward space has been greatly compressed, and the risk of a large-scale plunge has been significantly reduced.
📊 Data comparison observation 📊
Looking back at the market changes since August 26, the net outflow of BTC from major exchanges has reached as high as 80,000, while the stock of stable coins has climbed to a new high since August 30 during the same period. This data comparison reflects the market's optimistic expectations for future market conditions and the weakening of capital risk aversion.
🏦 Macroeconomic Outlook 🏦
As for the Federal Reserve, the current benchmark interest rate remains at around 5.5%, and the market is generally expected to drop to 4.5% within the year, and is expected to be further reduced next year. This monetary policy trend provides a loose macro environment for the cryptocurrency market, which is good for mainstream assets such as BTC in the long term.
🔑 Profit Strategy Guide 🔑
To make steady profits in the cryptocurrency market, follow these three principles:
Avoid high-inflation tokens: Stay away from projects that face huge selling pressure due to high inflation to avoid falling into long-term decline. Stay away from leveraged trading: Use leverage cautiously to avoid losing all your principal due to a one-time liquidation and missing out on subsequent rising opportunities. Maintain rational judgment: When market information is complex, stay calm, not be affected by short-term fluctuations and negative comments, and firmly hold high-quality assets.
📅 Important event notice 📅
Next Thursday, that is, at 2:00 a.m. on September 19, the Federal Reserve will announce its latest interest rate resolution. This meeting will decide whether to cut interest rates by 25 basis points or 50 basis points. If the interest rate cut reaches 50 basis points, BTC is expected to accelerate its impact on the $70,000 mark; even if it is 25 basis points, it indicates that the market will maintain a steady upward trend. Investors are requested to pay close attention and grasp the pulse of the market.
