9.20 Accurate market analysis:

Driven by the positive impact of interest rate cuts, BTC is currently approaching $64,000.

Yesterday, ETFs flowed in $158 million.

In terms of on-chain data, BTC in exchanges is still flowing out.

This time, BitEagle estimates that it will rebound to around $70,000 for a small correction.

70,000 is a strong pressure point, and there are many locked-in positions. Once confidence is insufficient, these people will dump the market to recover their capital.

But if it breaks through 70,000, it will be between 90,000 and 100,000.

100,000 is still difficult, unless the Federal Reserve cuts interest rates twice more, by more than 75 basis points.

The overall trend of the future currency circle is still upward,

but there will be some twists and turns in the middle, and there may be black swan risks at present.

(1) The last 30,000 to 40,000 BTC in Mentougou will move. If so, it will take two weeks to digest.

(2) Israel and Lebanon's Hezbollah fight, triggering Iran to join.

(3) Recently, Kai Ge received intelligence from a friend that a large number of BTC seized by the Chinese police are to be sold, and a pilot project is being carried out in Changsha, Hunan. It has not yet been verified.

Investment is full of uncertainty.

If there is a high probability of increase, we will hold it, and if it increases too much, we will sell it.

If there is any negative news in the middle, we will deal with it.

Hold the currency patiently: Chr, stx, ftm, BNB, AR

Changpeng Zhao will be released from prison at the end of the month, and the hot news will stimulate it.

BNB may rise to around 620 before selling.