Market View:
The benefits of the election and interest rate cuts have all been realized, and the current market lacks larger event-driven factors, so the market trend may stabilize in the short term. Bitcoin (BTC) has successfully broken through to $76,900 under the influence of these benefits, setting a new historical high, but currently there is a top divergence across multiple cycles, indicating a demand for a correction, and prices may fall back to around $70,000. Therefore, BTC may experience a period of high-level fluctuations and consolidation.
As for altcoins, driven by the Ethereum upgrade, some new performances may emerge, which are worth paying attention to.
Operational Thoughts:
- Bitcoin (BTC): Consider going long in the range of $73,400-$72,000, with a target price of $74,500.
- Ethereum (ETH): Consider going long in the range of $2,830-$2,780, with a target price of $2,910.
Be sure to grasp the range fluctuations and operate flexibly. #美联储利率决议来袭 #山寨季将至?