As the Fed cuts interest rates by 50 basis points, which is good for the crypto market, the overall market has also risen sharply, and the exchange rate has also risen from 59400 all the way to the highest point of 63500, which has given a pull of nearly 4000 points. The market has risen to the point where it will rise again without resistance. It is impossible. The short positions are still increased and held during the day. Friends who enter the market with short positions can also hold them patiently.
From the market point of view, the daily line is bullish, and the overall trend is bullish, but the short-term market has a very strong demand for repair in the four-hour and hourly lines. A big rise must have a callback. There is heavy pressure from above, and it is also necessary to accumulate power to break through. Moreover, large households and institutions have not shipped and smashed the market. The high consolidation during the day is likely to lure more people to get on the bus! Therefore, it is still not recommended for you to blindly chase the rise in the evening! After all, a large number of short orders have been liquidated on the chain. According to the psychology of the dealer, the next step is likely to liquidate the longs! For night operations, pay attention to the intraday high near 62700, 63000 and 65000 pressure positions, and pay attention to the support below 61000 and 60000.
Big cake can be short at 63300-63700, with a target near 61500. Auntie 2430-2460 short, with a target near 2360. #币安上线NEIRO #美联储宣布降息50个基点 #加密市场反弹 #美国大选如何影响加密产业? #特朗普首次使用BTC $BTC $ETH