As expected, the Fed cut interest rates by 50 basis points in the early morning, which was a positive for the market. The bitcoin price rose by nearly 3,000 points, and Ethereum also rebounded by more than 100 points. After the current daily update, the indicators were repaired again, and the currency price was running above the middle track. However, the MA5 30-day moving average showed signs of flattening. The MACD and KDJ indicators showed a small resonance rebound sentiment in the short term. Combined with the 12-hour line, the current Ethereum price has stabilized at 2,350. Due to the gap between the currency price and the MA5-day moving average, it is expected that it will fall back to adjust and then rise again. The high point suppression reference is the daily MA30-day moving average and the weekly K MA5-day moving average suppression. The currency price reference is around 2,460. The daily line is mainly based on 4 hours.

Compared with the strength of Bitcoin, the overall trend of Ethereum and other currencies is much weaker. The current Ethereum price is running near the upper track, and the upper track has a small opening sentiment. MACD and KDJ indicators tend to be bullish in the short term. However, due to the pull-up from early morning to morning, there is a gap of dozens of points between the currency price and the MA5 daily moving average. Combined with the hourly line, the current Ethereum overall tends to fluctuate upward in a small range. It is expected that it will first step back to support and then rebound again to test the strong pressure of the weekly K and daily MA30 daily moving average. Therefore, for intraday operations, my personal opinion is to maintain the short-term band around the low-multiple idea. Real-time guidance is the main focus.

Operation suggestion: Ethereum 2350-2320 long target: 2400-2430 plug-in to 2460 stop point: 2300

Big pie synchronization: 60800-60400, more targets: 61500-6250, insert pin to see 63000, stop bamboo shoot: 60000

For the short term, we will stop here and analyze it in detail later.#美联储宣布降息50个基点 #