Crypto News
September 12th Hot Topics:
1. Nick Timiraos, a reporter from The Wall Street Journal, predicts that the Fed's interest rate cut in September will not reach 50 basis points.
2. Memecoins with a Trump theme fell after the presidential debate with Vice President Harris.
3. Memecoins with a Trump theme fell after the presidential debate with Vice President Harris.
4. Liquity V2 is about to be launched: it will introduce a new LQTY staking module, with 25% of protocol revenue used to incentivize liquidity.
5. Aave is considering using Coinbase's cbBTC wrapped Bitcoin, sparking a decentralized debate.
Trading Insights
The luckiest thing in life is not to awaken early, but to realize just enough wisdom at the right age. The younger you awaken, the easier it is to achieve nothing, because you have not experienced many things. The more you understand, the more you will be alienated from this world. The stronger your spiritual realm, the more you will see the essence and think deeper, but you will also have more concerns. In the end, you will face your life and not know where to start.
LIFE IS LIKE A JOURNEY ▲
Below are the real trading signals from the Da Bai Community this week. Congratulations to the friends who followed. If your trading is not going well, you can give it a try.
Real data, each signal has a screenshot taken at the time.
Search for the public account: Da Bai Lun Bi
BTC


Analysis
Yesterday, Bitcoin suggested entering long positions near 55550, and successfully reached the second profit target near 57300, with a maximum price difference of $1750. The daily chart yesterday dipped down to around 55550 and reached nearly 58000, closing near 57350. The support is near MA14, and breaking below it may lead to a test of the MA7. Re-entry can be done near the support. The resistance is near MA30. The MACD is showing bullish momentum and forming a golden cross. On the 4-hour chart, the support is near MA60, and breaking below it may lead to a test of MA30. Re-entry can be done near the support. The resistance is near MA120. The MACD is showing bullish momentum. In the short term, it is suggested to enter long positions near 56600-56150 and the rebound target can be seen near 57300-57900.
ETH


Analysis
On the daily chart, Ethereum dipped down to around 2275 yesterday, reached nearly 2390, and closed near 2340. The support is near the MA7, and the resistance is near MA14. Breaking through the resistance may lead to a test of MA30. The MACD is showing bullish momentum and forming a golden cross. On the 4-hour chart, the support is near MA30, and the resistance is near MA90. Breaking through the resistance may lead to a test of MA120. The MACD is showing bullish momentum. In the medium term, it is suggested to enter long positions near 2210-2180, with a target of 2335-2500.
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