Loading...
Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 The weekly chart of the big pie clearly indicates that it will not repair EMA50 and enter a short-term bear market structure. The next step is to continue bearish around EMA50, for the following reasons: 1. Non farm payroll data far exceeds expectations, the labor market is overheated, and inflation needs to be controlled. There will be no interest rate cuts in the near future, and in extreme cases, the possibility of interest rate hikes cannot be ruled out; 2. The net outflow of BTC ETH ETF on the chain has been continuous for 7 days, and the liquidity reduction has exacerbated the decline; 3. The cryptocurrency market continues its sharp decline pattern, with a total market value falling below $2.95 trillion (a decrease of about 7.6% in 24 hours), Bitcoin (BTC) falling to a 7-month low of $80553, Ethereum (ETH) falling below $2800 (a 4-month low), and other mainstream currencies such as SOL, XRP, BNB, etc. falling by 5-9%. This is the largest single month decline since November (BTC evaporating by about 25%), with a total loss of over $1.2 trillion and high panic, clearing over $950 million within 24 hours (affecting 227500 traders). Despite the Trump administration's pro crypto stance, the liquidity crisis, AI stock linkage downturn, and the yen arbitrage liquidation triggered by Japan's stimulus plan have intensified the sell-off. However, the probability of the Federal Reserve cutting interest rates in December has risen to 32%, and BTC has briefly rebounded above $84000. The probability of BTC falling below $85000 by the end of the year is 60%. 4. Recent support pressure points of concern; BTC (pressure 86K, 94K; Supporting 80K and 76K; ETH (pressure 2.88K 3.2K; Supporting 2.65K and 2.55K Tonight we will talk about the trend and layout of the market; Deviation from technique, follow the live broadcast room, take you through the bull bear journey; Welcome to interact. 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.
