Good evening, everyone!
While ensuring sufficient sleep as much as possible, I also enjoy typing in front of the computer with trading software open. The roar of cars passing by, the urgent sound of electric scooters - behind every rush is a livelihood. Whether it's skills, talents, or just empty talk, they all require "selling" with early starts and late returns. Life is mundane, just making a living…
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On Wednesday, after the Federal Reserve made a significant 50 basis point rate cut, Nick Timiraos, a journalist from The Wall Street Journal known as the "New Fed News Agency," wrote that as the Fed officially begins a loose monetary policy, the next question will be: where is the end point of the rate cut, and how fast is the pace?
BTC: Looking at the 4-hour chart, the price continues to stay near the upper Bollinger Band, showing strong momentum.
Looking at the daily chart, the price continues to stay above the moving average support, maintaining strong momentum.
In summary, the support level is 62300, and the resistance level is 62700.
ETH: Looking at the 4-hour chart, the price continues to stay near the upper Bollinger Band, showing strong momentum, with support at 2410 and resistance at 2440.
LTC: The price continues to stay near the upper Bollinger Band, showing strong momentum, with support at 64 and resistance at 67.
BCH: The price continues to stay near the upper Bollinger Band, showing strong momentum, with support at 330 and resistance at 360.
That's all for now, good night!
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