20240918 Today's Market Interpretation

1:#BTCBitcoin rose after the opening of the US stock market last night and broke through the short-term pressure of 59200 and began to push up and pull up. It reached a high of around 61300 and then fell back. It fell back to around 59600. It has rebounded to around 60400. At the current weekly level, Bitcoin still wants to continue to sprint, but in the short term, the intraday pressure is 61300. It will break through and sprint to around 63000. The support is 59600. If it falls below, it will go to around 58000

2:#ETHLast night, the second cake basically linked the trend of the big cake. After the stock market opened, it was pulled directly from around 2300 to around 2400 and began to fall back. It is currently horizontal around 2320. The pressure of 2400 broke through and rushed to 2500. The intraday support was 2300, and it fell below and probed to around 2250.

3: The US stock market opened higher across the board last night, all rose a lot, and then slowly fell back. The Nasdaq rose 0.2%, the S&P rose 0.03%, and the Dow fell 0.04%.

4: Focus on the interest rate decision of the Federal Reserve at 2 am tonight.

The above summary of the market shows that the market continues to link the fluctuations of the US stock market. The current trend is to continue to sprint upward, but it is difficult to say how much it can rush to. It depends on how the market will go after the interest rate decision tonight.

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