20240919 Today's market interpretation
1: #BTC Dabing started to fall back near 60000 last night when the US stock market was about to open, and the lowest point was about 59200 and began to rebound. Then after the Federal Reserve announced a 50 basis point interest rate cut, it hit 61300 and began to fall back. The lowest point was about 59500 and began to rebound. The highest point rebounded to about 62500. As of now, it is horizontal at 61900. The short-term support is 61500 and the short-term pressure is 62600
2: #ETH Erbing was at 2 last night when the US stock market was about to open. It started to fall back near 309, and the lowest point was around 2280 and then rebounded. Then after the Fed announced a 50 basis point rate cut, it rebounded to around 2370 and then fell back. The lowest point fell back to around 2290 and then rebounded. So far, the highest point has rebounded to around 2423, and it is currently at 2405. The short-term support of the two cakes is 2370, and the pressure is 2470.
3: US stocks rebounded a lot after the Fed announced a rate cut last night, and all closed down later. The Nasdaq fell 0.31% and the Dow fell 0.25%. , S&P fell 0.29%
4: Let's talk about cottages. Today, cottages as a whole have followed the trend of the market, and many have risen a little, but whether cottages can continue is a question. It depends on the next trend. Everyone should pay attention to the linkage. If the big market does not continue to break through, will cottages make up for the rise? Or if the big market goes sideways, will cottages fall again? These are all signals. Everyone should pay attention to the linkage. If there is really a wave of market, cottages should not fall back so quickly after this wave. If it just pulls with the market, the big market will fall back. When you step on it, all will fall back
5: Operation suggestions, for mid- and long-term spot players, you can still continue to hold. When the big cake fell, you called everyone to buy the bottom at 55,000-53,000. These can still be held. There are also two cakes, some copycats, pepe, floki, and bome. You can continue to hold them. If you are a short-term player, it is currently difficult to operate. It is still unknown whether the big cake can continue to rise and break through the previous high. If it can break through, where can the big cake go? Can it reach 65,000? If it reaches, will it be the high point of this wave of rebound and then come down? No one will know these, but I personally feel that this wave of rise in the big cake can't pull much. 65,000 should be the highest point of this wave. It may not be able to go up. If it goes up, it will still fall.