BTC market analysis at 8:33 am on September 19, 2024
This morning, the Federal Reserve directly announced a 50BP interest rate cut, which was much higher than market expectations. The market collectively celebrated and the market exploded!
This wave of explosion eliminated 1.5 billion CNY liquidity in the market, and 65,663 people went bankrupt!
Last night, the lowest was 59,138, and the highest was 62,401 at this moment. Whether 61,850 can stabilize or not is very critical. Those who bought at low prices yesterday woke up with a smile today, and those who chased shorts yesterday were directly confused at this moment!
The Federal Reserve's interest rate cut has ignited the enthusiasm of the market to the highest point in the past three months. Those who have not been on the train have no choice. Today, you can only continue to wait. If you miss wave after wave, how many waves will give you the opportunity to get on the train?
BTC attention
Support 60500-60800/59500/58500
Pressure is tentatively set at 64000
BTC is now strongly breaking through 61850. According to the forecast of the non-agricultural data at the beginning of the month, it is normal to reach 61850 around the 19th. If it is pulled too much, it will be falsely high. If it is not pulled, it will be a big opportunity. At this moment, it is consolidating around 61850, which is basically just right!
One thing that everyone is looking forward to, from the perspective of the main force, it will definitely tempt these people to get on the bus and then harvest!
Last night's wave was a vivid lesson! Everyone is looking forward to a big drop. Before the announcement of the interest rate cut, they forced more. As the interest rate cut approached, the market directly reversed and exploded, and the market was tempted to take down all the liquidity that was looking forward to a big drop yesterday!
Long-term positions must get the crazy bull anyway, otherwise missing the crazy bull is the inevitable outcome!
The mid-term does not chase the rise, and the short-term intraday contracts do not resist orders overnight!
