Life may not go as you think, but it will not be as perfect as you imagine. I hope that on the way to the future, we all have an endless passion, as free as the wind, as brilliant as the stars.

In the four hours, the price of the currency fluctuates widely, and has been fluctuating between 65,000 and 62,500 recently. The Bollinger Bands are running relatively smoothly. The price of the currency is currently running between the middle and lower tracks of the Bollinger Bands. KDJ and MACD are both dead crosses and diverging downward. From the overall market, the currency price is getting stronger and stronger

63,600-64,000, see 62,500-63,000 break and hold to see 62,000-61,500

Price shock - behind the double kill of Duo and Kong

Behind the sharp fluctuations in Bitcoin prices, the capital flow of the market and the psychological state of investors play an important role. According to Coinglass data, in the past 24 hours, the total amount of cryptocurrency contracts liquidated reached 134 million US dollars, of which Duo liquidation accounted for the vast majority. This data not only reflects the market turmoil, but also reveals the uneasiness and wait-and-see attitude of investors at key price levels. Many people chose to retreat and wait for clearer signals when facing market uncertainty

This situation of Duo and Kong opposition is not accidental. With the continued impact of the Fed's interest rate cut policy, market sentiment has intensified, and the attenuation of Kong's power and the strengthening of Duo's power have intertwined to form a delicate balance. Even in such a complex market environment, investors still have to face a question: Can they find a way to survive in such turmoil? When price fluctuations trigger panic, who can guarantee that their assets will not evaporate in the ever-changing market?

The most feared group of people are those with low emotional intelligence, who get anxious when encountering things, and don't want to let go of any ups and downs. They always build positions, and the more they make moves, the more they lose their true path.

At present, Duo has been repeatedly blocked when challenging the 65,000 integer mark, indicating that the pressure from above is still huge, and there is still an expectation of a correction in the short term.

There will be two heavy data releases this week, and big funds may not act until next week. The final value of the second quarter GDP data will be released by the United States at 8:30 pm on Thursday, and the August PCE data will be released by the United States at 8:30 pm on Friday. This is one of the preferred inflation indicators of the Federal Reserve. If the data on Thursday and Friday are positive, the currency price may end the oscillation pattern and continue to break upward.

Short-term near the 65,000 pressure level, fall back to the 63,500-63,800 area and Duo

How did the leeks in the currency circle come about? There are mainly the following reasons:
1. The mentality of "getting rich overnight"
The root of becoming a leek successfully comes from "getting rich overnight"
Nowadays, many people have entered the currency circle with the dream of getting rich overnight.

They are attracted by those hype hot spots and high-return projects, completely ignoring the hidden risks and true value,
and often end up being stuck or even suffering heavy losses.

2. The disadvantages of lack of knowledge

Many people who have invested in the currency circle know nothing about the basic concepts, principles and technologies of digital currency.

They neither pay attention to market trends nor care about policy changes.

They just blindly follow the trend or believe in rumors, causing themselves to make wrong judgments and decisions.

3. No risk control awareness
In the investment process, many people have not formulated reasonable plans and strategies.

They neither set stop-profit and stop-loss points, nor diversify their investment portfolios, nor can they adjust their positions and directions in time.

As a result, they are helpless in the face of market fluctuations.

4. Emotional trading: greed and fear

When investing, many people are easily affected by greed and fear.

They cannot calmly analyze and judge the market trend. They dare not sell when it rises and dare not buy when it falls.

When it rebounds, they blindly chase the rise and rush to sell when it falls.

In the end, they either miss the opportunity or lose more money.

As the saying goes, fate is only in your own hands.

There must be more methods than problems in the world. This is the consciousness of breaking through.

Get rid of the shackles of fate. Don't be the object of harvesting on the day of the current fate.

But in fact, most people can't escape such a fate.

On September 23, the COMEX gold price rose 0.27% to US$2,653.40 per ounce, and the Shanghai gold price rose by 0.44% to 595.70 yuan per gram.

In terms of speeches, Fed Goolsbee and Kashkari were dovish, while Bostic was slightly hawkish. Goolsby said more rate cuts may be needed in the coming year and rates will need to fall significantly. Kashkari said he expects the Fed to make smaller interest rate cuts in the future, and will cut interest rates twice more this year, by 25 basis points each time. Bostic said that the 50 basis points rate cut at this meeting did not "lock in" the pace of future rate cuts.

In terms of interest rate cuts, the latest data from CME's "Fed Watch" shows that the probability of a 25 basis point cut in November is 45.2%, and the probability of a 50 basis point cut is 54.8%; the probability of a cumulative 75 basis point cut by December is 50.2%, and the cumulative rate cut is 50.2%. The probability of 100 basis points is 26.5%.

On the whole, the speeches of Federal Reserve officials were generally dovish. The market expects a 50 basis point interest rate cut in November and a 25 basis point interest rate cut in December. Gold may continue to maintain a volatile and strong trend.

"Prices" have become a hot topic after dinner. The aunties who bargain for a dollar in the vegetable market and the white-collar workers who order takeout and compare prices in the office are all lamenting that money is becoming less and less spendable. The Federal Reserve on the other side of the ocean has also made a big move - interest rate cuts. These two seemingly unrelated things are actually inextricably linked and may even affect your and my "purses".
Financial "roller coaster": interest rate cuts, is it a joy or a worry?
As soon as the news of the Federal Reserve's interest rate cut came out, the global financial market was like riding a roller coaster, jumping up and down, so lively! Stocks, gold, crude oil, these usually high-ranking financial assets, also fluctuate with people's moods. Some people cheered and felt that the opportunity to make money had come; some people frowned and worried that the risks were unpredictable.
So, why did the Federal Reserve cut interest rates? Simply put, it is to stimulate economic growth, just like a person who has a cold needs to take medicine and injections. When the economy is in recession, some "stimulation therapy" is also needed. Lowering interest rates is a common "economic cold medicine" that can make it easier for companies to get loans and expand production, and ordinary people can buy houses and cars more easily, thereby driving consumption and making the economy run faster. Powell "shouted": Don't panic, stay steady! The news of the Fed's interest rate cut is like throwing a stone into a calm lake, causing ripples. Just as everyone was speculating about the impact of this wave of "interest rate cuts", Fed Chairman Powell spoke in time to give the restless market a "reassurance pill". Powell is like an experienced "old captain". Facing the turbulent market, he told everyone in a calm voice: "Don't panic, this interest rate cut is just a normal adjustment based on economic conditions. We will also flexibly adjust policies according to actual conditions to stabilize this "economic giant ship"!" Powell's speech was like a shot of cardiac stimulant, instantly calming the market's nervousness. After all, for the global economy, the Fed's influence cannot be underestimated. Its every move affects the nerves of countless people. Powell's statement undoubtedly injected a strong confidence into the market and made everyone full of expectations for future economic development.

How will the market go next?

Due to the positive news of the interest rate cut, the market has been rising for two consecutive days, and it has been almost digested. The pressure at this position is relatively large. If there is no stimulus from good news, it is difficult for the market to break upward.

What if the market takes off directly? After all, the market has been suppressed for so long. Will the dealer decisively enter the market and directly pull the ball? This is also possible. After all, most leeks have almost no chips in their hands now.

If this wave of market correction, it will give leeks enough opportunities to get on board, and the dealer will be very tired to pull the market. No one can tell the short-term market clearly.

Because the short-term market cannot be predicted, any news can reverse the market, but overall the market has some pressure now, and the short-term selling pressure will be relatively large. If it fluctuates at this position, the chips are fully accumulated and digested. As long as the market stands firm, the possibility of taking off in October will greatly increase.

This morning, the Federal Reserve cut 50 basis points, and the market rose to 62580, and the mood of the Duojun was released.

Then it quickly fell to around 61555, and 1052 classics were caught.

I hope that through a wave of data, Hangqin will make a beautiful comeback. First of all, the space management must be in place.

The Federal Reserve announced a direct interest rate cut of 50 basis points in the early morning, and the good news finally came true.

From the market perspective, the daily line closed with a long lower shadow, and the Bollinger Bands opened sharply. The currency price is currently running near the upper track. KDJ and MACD are both in a golden cross trend, but the J line of KDJ has obvious signs of turning downward. There may be a wave of retracement to repair the indicator. Beware of retracement!

62300-62500 first, look at 61500-60000
60000-60300, look at 61000-62000

The big cake rebounded from a high position and built a top. Don't chase it easily. The rebound is an opportunity for the kong. The Fed's interest rate decision will be made in the late morning tonight. The expectation of interest rate cut will also be fulfilled. Will the interest rate cut be 25 basis points or 50 basis points? Let's wait and see. The 4-hour level encountered heavy pressure from above. It is temporarily difficult to continue to break through during the day. It needs to step back and adjust to repair. There are a lot of news at night. The market will jump up and down. Be careful, especially pay attention to the result of the interest rate cut at 2 am. The intraday market will first look at the step back, pay attention to the short-term support near 59,500. If it does not fall below here, it will go to 61,000 again with the news. Once it falls below here, look at the short-term support near 58,500. If it breaks strongly, look at 57,500. It will still return to the shock range of the previous two days. If it is a big negative, the possibility of continuing to fall cannot be ruled out. In terms of operation, the rebound is mainly short-term, and short-term can be done near the support. If there is a strong breakthrough, you can do it appropriately.

Da Bing Duo arrived as promised, as if lovers who had been separated for centuries reunited again.
57500 rose all the way to 59445, harvesting 1975 points

Only by identifying trends and following them can we move forward steadily.

As the saying goes, those who follow the trend will eat meat, and those who stick to it will eat big meat.

Don't be a hindsighter, use your strength to prove that you don't rely on sweet talk and falsehood, and move forward steadily without vanity

Today is the Mid-Autumn Festival. First of all, I wish you all a happy Mid-Autumn Festival!

The price of the pancake hit a low of 57496 at midnight yesterday and stopped falling. It closed with a long shadow in the morning. It has been three consecutive negative lines. The three lines of KDJ turned downward from a high position and initially formed a dead cross. MACD has also begun to shrink slightly. It can be seen that the double has been temporarily reversed. The daily line has begun to turn into a kong. We can see a rebound repair during the day!

57500-57800 double, look at 58600, break and hold to look at 59000-59800

59500-59800 kong, look at 58000-57500

The weekend was full of ups and downs. The midnight high hit 60386 and 58269 as expected. 2117 classics were landed.

It is just unknown who will be pushed to the peak of wealth by this blazing "leek fire"?

The market is changing rapidly. Only by paying attention to the market dynamics in time and adjusting strategies according to the changes in the market can we seize opportunities in risks.

There is limited room for the price to rise further. Don't chase the high position. If there is no pullback, there will be no chance to pull. Once the pullback occurs, the amplitude will be large, just like boxing. The fist that is retracted first will be more powerful when it is punched again. Therefore, the price of the big cake should wait patiently for an opportunity to adjust. The support below is 59,000. If it falls back to 59,000 without breaking, it will continue to pull.

Next week, the Fed's interest rate decision will be ushered in. Even if the price of the big cake rises before the Fed's interest rate decision, it will touch a high point and then start to fluctuate. Be careful of the strength of the pullback during the day.

Rebound 60,500-60,800, look at 59,000-58,500

If it does not break 59,000, you can pull. The safest point is on the rising trend line

57,800-58,000, look at 58,500-59,000, break and hold to see the situation

BTC started to trade sideways last night, which is a good thing. The long and short positions are relatively balanced. When I woke up, many altcoins took advantage of the big cake to take a break and soared a few points!
If BTC continues to trade sideways, it will be beneficial to the subsequent altcoin performance. Next, pay attention to the trend of BTC. Don't seek a sharp rise. It is an excellent trend to stabilize 57,000!
The current Bitcoin market is showing high-level shocks and consolidation. There is a risk of short-term correction, but the overall trend is still bullish. In terms of operation, it is recommended to be cautious about chasing highs and do a good job of position management and risk control. Wait for a short-term correction to the support level before arranging to go long. If the price is weak, you can consider shorting at a high level.
Calculated from the high point in March, the Bitcoin market has been adjusted for nearly six months. Most of the altcoins have fallen to the bottom of the market value. Now there are still large holders and retail investors who can cut their losses in another big drop. The proportion has fallen to a new low.
Some altcoins dare to quietly pull up the market. This wave of adjustments starting in March may be coming to an end.
The altcoin market is unique! Several 10x potential coins worth paying attention to!
RATS
At the daily level, it is obvious that the price of this coin is fluctuating in a low triangle area. The upper edge of the triangle area is the pressure line, and the lower edge is the support line. As the price fluctuates up and down, the price is getting closer to the inner angle of the triangle consolidation area. The closer the price is to the inner angle, the greater the possibility of a change in the market
There are two trends: the price breaks through the pressure line and then takes off, or the price continues to fall back to the support line below and then rises. No matter which trend it is, this coin will rise sharply, everyone should pay attention!

The market's expectations for the Fed's rate cut this year have increased, and it is expected that the rate will be cut by 100 basis points this year, mainly because the US job market continues to be sluggish, and the election of Comrade Trump and Ms. Ha is generally believed by the market to boost the crypto market! We may really have to look at Duo in the future!

In the four-hour view, the Bollinger Bands opened again after a serious contraction, and the currency price ran between the middle and lower tracks of the Bollinger Bands. The middle track has been extending upward. KDJ is in the oversold area and turns downward. MACD extends upward from a high position. The volume is low and relatively weak!

From the overall market, although Duojun has an advantage in the currency price, it seems to be insufficient, so Qingning believes that there may be another wave of retracement and repair of the big cake. The short-term suppression above focuses on the vicinity of 58700, the integer mark of 59000 and the vicinity of 59800! Support below is around 57500 and 56500

57000-57500, 585000-58900
59000-59300, 57500-58000

The kong that was laid out today arrived as promised, as if lovers who had been separated for centuries had reunited again.
The big pie was 58342 kong, and fell back to 57345 in the evening, harvesting 997 spaces
As long as you can see the direction and rhythm clearly, you will be able to pick up the kong like a fish in water
The layout of Gen Shang Qingning, if strictly implemented, must have been doubled
Seizing the opportunity is an opportunity, and if you miss it, you can only slap your thigh