The bad news has been exhausted! 20241221

CN
1 year ago

Good evening, brothers!

The winter solstice, the cold shadows return as the days grow longer.

Just like how summer looks forward to the coolness after the autumn equinox,

In the many early mornings and late nights of winter,

We long for the arrival of the winter solstice,

Hoping for longer days,

So we can walk home in the afterglow of the sunset,

Hoping that during the harsh days of winter,

There will be snow, the fragrance of plum blossoms, and more moments of reunion…

Today in the north, dumplings take the lead,

While in the south, customs vary greatly,

But it all revolves around having a good meal to celebrate the season.

The severe cold of winter has arrived,

With abundance hidden in our hearts,

And a leisurely self-entertainment scattered through time…

Yesterday I returned to my hometown,

Celebrating the festival there,

Very happy,

Especially the two children,

Grandpa was also very happy.

Everything in my hometown is so familiar,

Tonight I return to my new home,

Ready to earn money, haha…

The Federal Reserve is hawkish, emerging markets feel not so good, but Morgan Stanley is very confident.

On December 20, Morgan Stanley's U.S. economist Michael T Gapen and his team published that the current hawkish outlook of the Federal Reserve is basically consistent with their predictions—Trump's trade and immigration policies may keep inflation strong and delay further rate cuts by the Federal Reserve.

Morgan Stanley stated that the timing and magnitude of rate cuts depend on the implementation progress of Trump's restrictive policies; however, the impact of these policies on economic activity may also lag. Therefore, although the Federal Reserve is currently hawkish, it may later turn dovish. Just like in 2018, the Federal Reserve predicted further rate hikes but ultimately chose to cut rates when economic activity slowed.

BTC: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, showing a weak price trend.

On the daily level, the price is constrained by multiple moving averages, showing a weak price trend, with significant resistance for future price rebounds.

In summary, support level at 97000, resistance level at 97600.

ETH: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, showing a weak price trend, with support at 3380 and resistance at 3400.

LTC: The price continues to stay below the middle band of the Bollinger Bands, showing a weak price trend, with support at 90 and resistance at 110.

BCH: The price continues to stay below the middle band of the Bollinger Bands, showing a weak price trend, with support at 440 and resistance at 470.

That's all for now, good night!

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