September 17 BTC/SOL/ETH Market Analysis: The arrow is on the string, it must be released!
Tonight, all B friends are destined to be sleepless. A 25bp cut has become the general consensus in the market. The current focus is on whether there will be an unexpected cut of 50bp and the number of rate cuts indicated in the dot plot. We mentioned yesterday the trading strategies related to such major news. On the daily chart, yesterday's model can be slightly bullish. However, considering the extreme volatility, today we can aim for a more uncomfortable position to take a shot.
The normal pullback support level for $BTC today is at 115500, with a deeper level at 115050. These two levels may see some rebound to varying degrees, but our better strategy is to prevent the market manipulators from intentionally dropping it to 114270 before making a rise. The upper resistance levels are 117900 and 118700. $SOL has a relatively normal pullback support at 233 today, while the more annoying support points are at 229 and 227. The upper resistance levels at 244 and 246 are also quite critical. Today, we will see if it will continue to annoy people with a support rebound. $ETH Ethereum's relatively normal pullback support today is at 4444, while the frustrating support is at 4404. If it comes, I guess we might try to play with yesterday's 4422. The upper resistance is at 4579 and 4635.
In summary, the daily chart suggests that a breakout is imminent. However, the influence of news forces us to be cautious once again. We must consider the worst-case scenario of market manipulators, and our entry points must be sufficiently unattractive to survive. (Follow the department head for daily updates on market analysis and precise entry points; long and short positions are for B friends' reference only, with strict stop-loss and take-profit measures.)
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Tonight, all B friends are destined to be sleepless. A 25bp cut has become the general consensus in the market. The current focus is on whether there will be an unexpected cut of 50bp and the number of rate cuts indicated in the dot plot. We mentioned yesterday the trading strategies related to such major news. On the daily chart, yesterday's model can be slightly bullish. However, considering the extreme volatility, today we can aim for a more uncomfortable position to take a shot.
The normal pullback support level for $BTC today is at 115500, with a deeper level at 115050. These two levels may see some rebound to varying degrees, but our better strategy is to prevent the market manipulators from intentionally dropping it to 114270 before making a rise. The upper resistance levels are 117900 and 118700.
$SOL has a relatively normal pullback support at 233 today, while the more annoying support points are at 229 and 227. The upper resistance levels at 244 and 246 are also quite critical. Today, we will see if it will continue to annoy people with a support rebound.
$ETH Ethereum's relatively normal pullback support today is at 4444, while the frustrating support is at 4404. If it comes, I guess we might try to play with yesterday's 4422. The upper resistance is at 4579 and 4635.
In summary, the daily chart suggests that a breakout is imminent. However, the influence of news forces us to be cautious once again. We must consider the worst-case scenario of market manipulators, and our entry points must be sufficiently unattractive to survive. (Follow the department head for daily updates on market analysis and precise entry points; long and short positions are for B friends' reference only, with strict stop-loss and take-profit measures.)