I wish you all a happy Mid-Autumn Festival

The September market is halfway through, and after the holiday, we need to look forward to the market at the end of September and October

Taking advantage of the weekend when everyone has time, I will share the market in advance

Based on today's market, let's talk about the market at the end of September and October.

Figure 1: First of all, let's talk about next week, September 19, the interest rate cut day. The Federal Reserve is likely to cut interest rates by 0.25%, and take a Tai Chi approach to a smooth landing, including the unemployment rate on September 6, the CPI on September 11, the PPI on September 12, etc. All data are well-acted for a soft landing. A soft landing can prolong the bull market of the US stock market, lock the US dollar from flowing out of the US mainland, and drag a certain country to death [bitter]. This kind of self-interest and harming things are what the Americans like the most,

So September The economic data for the month are all positive, and the Fed cut interest rates by 0.25%.

Then let’s talk about the trend. The price of Bitcoin bottomed out at 52,500 on September 6, with a previous low of 49,000. Ethereum 2,150, with a previous low of 2,110. This is a very standard second exploration. It plummeted to 49,000 on August 5, then went up to 65,000 and then fell to 6️⃣蝛: xntm566 fell to 52,500 to complete the second exploration of the daily line.

This trend is also in line with the rules of the currency circle.

After the second test of 52,500, various economic data were favorable + the Fed's interest rate cut was hyped in advance, and Bitcoin rose from 52,500 to today's 60,500. It rose by 8,000 dollars. It can be said that this wave has left the negative decline. It rebounded to the first pressure point, which is also the downward trend on August 5 (the red line 60,787 is marked on the figure), and then the interest rate was cut next Wednesday. This pre-hyped market (55,555-60,500) will fall back after the interest rate cut is implemented. The funds for short-term speculation need to take profits and sell the market to stop profits. After the interest rate cut on September 19, the small drop will be back to 56,000+, and the big drop will be back to 54,000+. I can't say for sure. I have marked the arrows. See Let's see how strong the retracement will be after September 19th. Everyone should be prepared. The two retracement positions of 56,000 and 54,000 will not break the 52,500 on September 6th (the second economic recession), and will not break the 49,000 on August 5th (the first economic recession). The two economic recession speculations in early August and early September failed. There is no economic recession, no 4-starting, and no black swan. After the September 19 interest rate cut, Bitcoin will retrace to 54-56,000 at the end of the month. Basically, it will be October. The unemployment rate on October 4th will most likely be controlled by the Americans, and then there will be a window period. In fact, after the September 19 interest rate cut, there is no news to speculate on the economic recession. #美国8月核心CPI超预期