Today, Ethereum longs have been in a state of significant upward momentum at noon, with the high point reaching the 2564 area. This breakout and surge actually indicate a resurgence of market sentiment after the interest rate cut. In fact, the interest rate cut in the United States has led to a round of warming sentiment. Bitcoin, as a competitor to the US dollar, can also be seen as in a competitive relationship. In reality, it is being manipulated by the United States. Considering the trend after the interest rate cut, Bitcoin is nothing more than a temporary safe haven for the US dollar. From the daily technical indicators, the current rebound strength directly affects the downward pace of the MA5 moving average. Currently, the KDJ and MACD technical indicators are showing a golden cross resonance upward trend, and the BOLL technical indicator shows a slight upward trend, but the opening amplitude is not particularly strong. This indicates that in order to continue rising intraday, it would require a breakout surge, which is not within the normal technical scope. At the same time, the MA5 moving average and MA10 moving average have crossed upward at a low level, and have successfully risen above the MA30 moving average.

Looking at the 4-hour technical indicators, the KDJ technical indicator shows a short-term oversold signal, and the BOLL technical indicator has experienced a breakout. At the same time, both Bitcoin and Ethereum have shown a green TD9. Considering the daily and hourly charts, there may be a round of retracement in the evening or at night today, but it will not be too strong. After the technical adjustment, there is a high probability of continued upward movement, and the downward force may be around the 2500-2470 area. We can try a short position at noon.

Ethereum: Short at 2555-2575, Stop Loss: 2612, Target: 2500-2480

Bitcoin: Short at 63600-64000, Stop Loss: 64500, Target: 62800-62300

The above is my personal market analysis for the noon. If you have any questions, you can leave a comment in the comment section or follow my WeChat public account to find me.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。