Today’s flight situation review:

At noon, the big pie continued to test higher, and once broke through to 64800, the edge fluctuated. The trend of Duotou was unstoppable and took advantage of the trend to attack higher in one fell swoop. The trend was restored. The big pie Duodanluo took 600 points.

The four-hour line has a Dayang K crossing between the middle and upper rails, but it has not given a breakthrough to the upper rails. The general direction is still mainly bullish, hold short and wait for the highs to continue to look down.

The pie suggestion is around 65000-65400, defense 600 points, target 64000-63500$BTC

In the evening line, there is 650 points of space. $BTC $ETH

10.13 Evening Strategy

At present, the K-line has bottomed out and rebounded after falling continuously, and the current pie remains in the 62750 area.

In the 4-hour level of the attached picture, a shock trend is currently formed below the resistance of 62800. It can be observed from the shock range that the supply within the range can be relatively large, and the possibility of a callback increases.

The pie suggestion is 63000-63500, the target is 62000-61500, and the defense is 500 points. $BTC

Compared with yesterday, the amplitude of Ether was 3.89%, rising all the way to 2490 in the morning. It almost fell below the 2500 breakthrough level.

If the bullish trend can continue in the short term, it may break through the high resistance level and reach a new target.

Ether 2445-2420 is recommended, target 2500, defense 40 points $ETH $BTC

After a period of oscillation in the triangle range, there are signs of rising and breaking through the middle track pressure of the Bollinger Bands. The red energy of MACD shows signs of increasing volume, and KDJ has a golden cross upward at the bottom, which shows that there is a certain upward momentum and trend in the short term.

At the bottom, focus on the 2430 first-line support, and on the top, focus on the 2460 first-line pressure. If it can effectively break through the upper pressure level, it may further open up room for growth; if it falls below the lower support level, there may be further callbacks.

Operation suggestion: Ether steps back around 2430-2420, target 2500, defend 40 points $ETH

From the recent market situation, Bitcoin was around 61700 on October 6, and then rose to around 64450 on the evening of October 7, and then began to fall, fluctuating around 62500 on October 8. At the end of New York trading on October 8, the main contract of CME Bitcoin futures BTC was 62575, down 1.55% from the previous day's New York closing, and traded in the range of 61995-63600. $BTC

Lang Chengxian wishes everyone a happy National Day. The "Golden September" has also ended quietly. Looking back at the market of Bitcoin in September, the global interest rate cut wave led by the Federal Reserve has created a favorable financial environment for Bitcoin and other digital assets. Loose monetary policy has made funds more abundant in the market, and investors tend to invest their funds in assets with higher risks and potential returns, which has benefited Bitcoin. Data shows that Bitcoin rose by more than 10% in September, while the average decline in September over the past decade was 5.9%.

Although interest rate cuts are generally seen as good news, they may also be accompanied by concerns about a recession, and this dual impact has exacerbated market uncertainty. Investors' concerns about the economic outlook may cause fluctuations in Bitcoin prices. $BTC

After experiencing violent fluctuations in the past two months, Bitcoin has rebounded sharply this month. The price has risen by more than 30% from the local low of $49,000 and has risen by 10.85% in the past month. This is mainly related to the Fed's interest rate cuts and China's large-scale loose monetary policy. The increase in global liquidity has led investors to invest in risky assets such as Bitcoin, driving up its price.

Operational suggestions: Bitcoin rebounds around 65400-65200, short-term targets are 66300-66700, long-term targets are 67000-67500, and 500 points of space are defended $BTC

The sentiment of retail investors in the Bitcoin market also has an important impact on prices. If the market sentiment is optimistic and retail investors actively participate, it may drive Bitcoin prices up; conversely, if the market sentiment is pessimistic and retail investors sell off, it may cause prices to fall.

Currently, Bitcoin is fluctuating around 65,800, and the 66,000 mark has been broken back and forth many times.

The current trend highlights that crypto assets are accumulating strength to prepare for another effort to break through the 67,000 resistance level.

The market expects that within a few months after the US election, US cryptocurrency regulation will be clearer, which will boost market sentiment and have a positive impact on Bitcoin prices.

Yesterday, Bitcoin prices fluctuated and even broke through 66,400. Currently, Bitcoin is still at a support level near 65,800.

Operational suggestions:

Bitcoin fell back to around 65,500-65,300, looking up to 67,000-67,500, defending 500 points $BTC

Many central banks around the world, including the Federal Reserve, the European Central Bank, and the People's Bank of China, cut interest rates in September to support economic growth. The loose monetary environment has ignited the market's risk appetite and has contributed to the rise in the prices of digital currencies such as Bitcoin. Investors have responded positively to this looser monetary environment, and funds have begun to flow into risky assets such as Bitcoin.

After a slight retreat from a two-month high, Bitcoin's key support level remains around $65,000. If it can break through some key resistance levels, it may further attract more buying and push prices to continue to rise. $BTC

Judging from the recent market situation, there are some volatility factors in Bitcoin. On the one hand, there are some positive factors that may have a positive impact on Bitcoin prices.

Morning strategy sharing:

Don’t be afraid of heights and go directly to Bitcoin. Bitcoin will fall back to around 64800-64600 and look at the target of 66000, with a 500-point defense space. $BTC

As the basic technology of cryptocurrency, the performance and security of blockchain will continue to improve. With the development of technology, blockchain transactions will be faster and more scalable, and can handle more transactions, reducing transaction fees and time costs. For example, the development of some new consensus algorithms and layered architectures will improve the efficiency of blockchain networks.

9.26 Morning Thoughts:

Big Pie 👀 Duo, defend 500 points, target 64300
Ether 👀 Duo, defend 40 points, target 2670$BTC

The government's attitude towards cryptocurrencies and regulatory measures have a significant impact on Bitcoin prices. Severe regulatory crackdowns may cause market panic and trigger a sell-off; while a tolerant or clear regulatory environment may boost market confidence and drive prices up.

Morning operation ideas:
Big 🫓 will look to move up if it falls back to around 62600-62500, with a target of 63800 and a defense of 62200
Ether will look to move up if it falls back to around 2600-2620, with a target of 2680 and a defense of 2590

Personal suggestions are for reference only. $BTC

The Fed's rate cut in 2024 could create a more favorable environment for risky assets such as cryptocurrencies. Lower interest rates typically lead to increased borrowing and spending, which could boost demand for assets such as Bitcoin that are considered a store of value.

Evening operation suggestions:

Big 🫓 will fall back to around 63,800-64,000, and look down to 62,800
Ether will fall back to around 2,660-2,675, and look down to 2,580

Personal suggestions are for reference only [bow] $BTC

The day before the Fed's interest rate decision, the crypto market rose across the board.

Bitpush data showed that Bitcoin soared to $61,000 during trading on Tuesday, the largest intraday gain since August 8. Mainstream currencies such as Ethereum, Dogecoin and Solana also rose, with gains ranging from 2% to 4%. As of press time, the trading price fell back to around $60,253, a 24-hour increase of nearly 4%. $BTC

At present, market volatility is gradually increasing, which is closely related to the upcoming interest rate cut. However, the Fed's first interest rate cut is not worth paying too much attention to. Interest rate cuts are good for the market in the long run, but short-term ups and downs are possible. Whether it is a callback after the good news is implemented, or a callback has not arrived, or whether the first interest rate cut surges or not, it will not change my view on the general trend: the long-term trend of the market is still spiraling upward.

From the overall trend, the market still maintains a bull market trend and is expected to set a new record high. Especially those altcoins, most of which are currently at the bottom area of ​​the weekly level, are ready to go, and may break through at any time. Once these altcoins break through, it is very likely to trigger a large-scale rally. $BTC

On Thursday, September 19, at the current price, the US dollar index rebounded to 101.02, gold first rose and then fell to US$2,557, and Bitcoin broke through US$62,000. Fed High Ticket $BTC
It was decided to cut interest rates by 50 basis points and further cut interest rates on time. This sharp interest rate cut is basically in line with expectations!

Look at the picture near the big pie 62500-62900, and look at 61200 below.
Look at the picture near Yita 2410-2430, and look at 2340 below

Personal suggestions are for reference only!

On Thursday (September 19), the US dollar index rebounded to 101.02, gold rose first and then fell to $2,557, and Bitcoin broke through $62,000. The Federal Reserve voted overwhelmingly to cut interest rates by 50 basis points and further cut interest rates on schedule. This substantial interest rate cut is basically in line with expectations! $BTC

Advice from the cryptocurrency circle
1. Opportunities come by waiting, and patience is the key to hearing the voice of wealth.
2. For investors, the most important thing is to seize their own opportunities.
3. Not being moved by opportunities that do not belong to you, and not being upset by opportunities that you cannot grasp, is the determination that investors must have.
4. It is important to make the right investment, but it is more important to make a big bet after making the right investment.
5. Few people can make a lot of money in the cryptocurrency circle by predicting the rise and fall of short-term currency prices. Otherwise, they would be the richest man in the world. If not, it means that they only report good news and not bad news. Even if they are lucky for a while, they will eventually fail.
6. Who can have a good mentality if they lose a lot of money? A good mentality is based on not making big losses. $BTC