10.1 Market Analysis
Review of major events:
Fed Chairman Powell’s speech: Emphasized that the US economy has a solid foundation. He was cautious about a large-scale interest rate cut and said that if the economy meets expectations, the policy will tend to be neutral. Neutral policy: refers to a policy that neither stimulates nor hinders the economy, and is not a large-scale easing policy.
Market Outlook and Reminders:
Cautious attitude: Powell’s speech reminded investors to be cautious. Important data release: The September unemployment rate and non-agricultural data will be released at 8:30 pm this Friday (October 4). If the non-agricultural employment data exceeds expectations, indicating a strong economy and high inflation, the currency circle’s gains may be limited.
Global Monetary Policy and Economic Trends:
Monetary Policy Shift: Global interest rates continue to fall, and traditional savings returns are difficult to meet expectations. The overall trend is bullish: Despite the expectation of economic slowdown, the overall trend is still bullish. $BTC Year-end Outlook: Whether BTC can break 80,000 by the end of the year is still uncertain.
Current Investment Strategy:
Position Recommendation: Maintain a 70% position, no need to reduce positions. $FTM Operation: After breaking through the recent highs, stop profit in batches above $0.85. $STX Long-term holding: As the leader of BTC L2, it will be upgraded on October 9. If BTC breaks 80,000, STX's target price will be $3.2. $Chr, $AR: It has not yet pulled up, it is recommended to hold patiently to avoid missing out.
Evening market review:
Geopolitics: The White House said that Iran may attack a certain country, causing the market to plummet by $1,400.
Influence on the currency circle: Small negative news led to capital flight, but the global economic easing policy is good for the crypto market.
Strategic recommendations: Long-term: Mainly stable. Short-term: Operate with caution, pay attention to the risk of liquidation of more than 62,000 orders.
