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Hello everyone, I am Liyuan. I will be broadcasting live tonight at exactly 7 o'clock. The biggest daily pressure level for Bitcoin has already broken through, and there should be a sprint market in the next few days, which is also the best time to turn around. The market is expected to peak within a week, and the day of the interest rate cut is probably the peak. We need to do short positions in the medium and long term, with the first target below 98k. After this rebound is over, don't go long as there is no major support left. Take short positions and more than 95% of people will lose money after this wave, which means they will lose money in the next 2 months. The CPI data will arrive at 8:30 tonight. Yesterday's PPI data proved that there was no inflation in industrial prices. Will today's CPI data still be lower than expected? If it is lower than expected, it can shut the mouths of hawks who always use inflationary pressure as an excuse not to cut interest rates. Now the non farm payroll data is lower than expected, and if there is no inflationary pressure, interest rates will definitely be cut.
Bitcoin rebounded and hit 114300, basically reaching the target range. The 2-day line level is selected, and tonight's CPI data is released, with a pre expectation of 2.7 and a pre expectation of 2.9. It is also difficult to promote the cryptocurrency circle and interest rate cuts. Currently, the resistance above the 114500-115500 range is too strong in the technical form, and it barely broke through last night. The short position 114213 is already in the car, and those who want to take on long positions should follow the strategy. When the short position comes down to take profits, long positions will enter the market accordingly, and strategic plans should be executed. It is safe to make a cost price stop loss for an empty order.
The queue for unwinding on the Ethereum chain has surged, and the market selling pressure is too heavy. Yesterday, we bought 4443 near 4300, which is already very full, and we also went short at 4430. In the morning, when we saw that the orders were gone and the account assets increased, the more amazing thing was that we bought 4328 orders again. I love it so much and have eaten 7-8 orders back and forth. The technical form is difficult to break through the upper resistance range of 4450-4520 in the short term. We just need to do short-term volatility compound interest, and the lower range of 4308-4288-4268. Here are all buying points, just do a good job of risk management.
Tonight's live broadcast will provide real-time explanations for everyone, including the layout of the mainstream Ethereum knockoff market.
QQ group number: 923794278
Meeting number: 9031749175
Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
