The essence of the crypto world is never to predict rises and falls, but to master oneself. When you can maintain your original intention amidst the noise and persist in your judgment during solitude, you will understand: the so-called "slow is fast" is merely waiting for the right moment after thorough preparation, still being present when the tide goes out. The market will ultimately reward those who can remain calm and see the path clearly; after all, living long is more important than earning quickly. With the Federal Reserve's interest rate cut, this "Favourable Information" has finally landed, and market volatility has significantly intensified. The price of Bitcoin has shown a trend of "first declining and then rising," with overall fluctuations noticeably amplified.
After the morning market surged to the key resistance level of 117800, it fell under pressure, but the current pullback strength is relatively limited, indicating that the bulls still dominate the market. The price is currently consolidating around the 117200 line. If there is no effective pullback in the evening, the market may accumulate momentum and welcome a new round of upward movements, challenging the previous high position of 118400. The consistent daily strategy of shorting one and going long on two positions in Bitcoin captured over 4079 points of space! The Ethereum synchronized strategy captured over 272 points of space!
The big pie surged intraday, refreshing its high point to 117800, and in the afternoon, it did not show a significant pullback. This type of trend continues to oscillate at high levels, and since the daily line resistance at 117500 has been broken, there is no need to be overly bearish. Just hold onto short positions, as the daily line actually shows signs of continuing upward. Therefore, we can follow the trend and go long, then short again at the rebound high!
Operation Strategy
Big pie: Buy near 116500, target at 119000
Two contracts: Buy around 4530, target looking at 4700
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