Market Analysis on September 18th: With the Fed Meeting Approaching, Can Bitcoin Meet Expectations?

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丁君羡
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3 months ago

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BTC: The price of Bitcoin rebounded to around 61200 this morning and started to come under pressure. The resistance at this level is relatively strong. There was a speech by the Federal Reserve in the early morning, and it is generally believed in the market that a 50 basis point rate cut is a high probability event. Attention is focused on the strong pressure area of 61500-62000 above.

ETH: Still showing a weak performance, but with a double bottom pattern. Attention is on the strong resistance level of 2422 above and the support at 2250 below.

For more explanations, please watch the video patiently. If you have any questions, you can follow the public account: 丁君羡

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