10.11 Market Analysis

Bostic of the Federal Reserve said that he was open to the possibility of not cutting interest rates in November. Trump said that in fact, the Federal Reserve lowered interest rates a little too quickly. In addition, after the BTC price fell, a giant whale once again panic-sold 800 BTC, which may be the main reason for the sharp drop in the early morning.

BTC showed a V-shaped trend in the early morning, and it rebounded after reaching a low of 58,900. The current price is around 60,700. There is no news worth paying attention to today. Pay a little attention to the consumer confidence index at 10 o'clock in the evening, but I personally think that the deviation value will not be large. Excluding the impact of the news, BTC's oscillation space today is between 59,500 and 62,000.

ETH has now fully repaired the sharp drop in the early morning. The current price is 2406. Excluding the impact of the news, ETH's oscillation space today is between 2350 and 2480. In terms of operation, try to focus on low and long. $BTC $ETH #6万保卫战