September 17th is the Mid-Autumn Festival, the last day before the interest rate cut, today's Bitcoin price is 59,000 (I had dinner during the festival, so the update is slow today)
Today's contract map update:
Bitcoin long orders: 58552, 58038, 57524, 57010, 56496, 55982, 55468, 54954
Bitcoin short orders: 59580, 60094, 60608, 61122
Ethereum long orders: 2292, 2269, 2247, 2225, 2203, 2181, 21 59
Ethereum short orders: 2336, 2358, 2380, 2402, 2424
The interest rate cut will be implemented in the second half of tomorrow night. Last week, I said that the speculation of interest rate cut will cause the market to fall and pull back after the interest rate cut is implemented. Whether it is a 0.25% or 0.5% interest rate cut, as long as the interest rate cut is implemented, it will fall and step back
The small drop will fall to 56,000+, and the big drop will fall to 54,000+
54,000+ is the ninth level of the left long liquidation map, the lower track of the daily Bollinger line, and the lowest support of the triangle convergence oscillation in Figure 3.
If there is 54,000, it will form a perfect trend of Bitcoin's three bottoming out
The callback will end after three explorations, and the market in October will see a big rise and a big surge.
Figure 4 is the trend chart prediction for the next month and a half from the end of September to the end of October. I still insist that the Federal Reserve will cut interest rates by 0.25% tomorrow night
The trend chart is valid and I still insist on this chart unchanged. The rest depends on the market trend after the interest rate cut is implemented.
For short sellers, short selling should be stopped when the market is good. Bitcoin has been falling and adjusting for 6 months and 180 days since March 14th at 73,800. It has entered the last triangle convergence shock, and it will enter a one-sided bull trend after it ends. The end of September is a period of gradual exhaustion of short sellers and restart of bull sellers. Don't get it wrong. What you need to do is to stop short selling when the interest rate cut is implemented, and then wait for the big support position of 54,000-56,000 to intervene in long orders to take advantage of the big surge in October in the next month. After this month, it will last at least three months. I am not optimistic about the second and third interest rate cuts in November and December. I will reply to any questions I don't understand on Weibo. There are also those who need to save handling fees and register for commission rebates. For example: a month's handling fee for playing a contract with a margin of 10,000 yuan is 2,000-3,000 yuan. Find me to register for commission rebates and you can get the handling fee back.
