The 50 bp rate cut by Lao Bao completely disrupted my trading plan. These two days, shorting has been like doing 🐶, and I have been frequently trapped, covered and untrapped. The hot trading state in August and early September has started to feel cold in the past two days. The trading plan needs to be readjusted❗
For the time being, let's look at the long-short dividing line of 65,000. This is basically a consensus. Whether Bitcoin can effectively break through and stand firm at 65,000 will determine the tone of the market trend in October.
Otherwise, if the long army does not occupy it before the sentiment of this wave of market subsides, it will be another carnival of the air force😓
