The market does not give opportunities! 20241009

CN
5 hours ago

Good evening, brothers!

Cherish the days when you have a job,

It means you are still resonating with your surroundings,

Cherish the various criticisms in life,

It means you are still competing with the days!

Autumn is still a good time,

So let's have a cup of tea or coffee to soothe our restless hearts.

Keep it up, workers!

The stock market fluctuates,

Don't get dizzy,

Have your own trading system,

Earn the money you understand,

Otherwise,

You will receive the trap set by the market…

Recently, U.S. economic data has performed well, and expectations for a rapid interest rate cut by the Federal Reserve have cooled, forcing a correction in U.S. stocks. The yield on the 10-year U.S. Treasury bond has returned to the 4% mark, is "high interest" back again?

Earlier this week, the yield on the 10-year U.S. Treasury bond rose back above 4%, the highest level since early August. Bets on a rate cut by the Federal Reserve are decreasing, with the swap market expecting at most two 25 basis point cuts by the end of the year, down from two weeks ago when two cuts were anticipated.

BTC: On the 4-hour level, the price has broken below the middle band of the Bollinger Bands, indicating a weak short-term trend.

On the daily level, the price continues to oscillate near the moving averages, indicating an average short-term trend.

In summary, support level at 61900, resistance level at 62300.

ETH: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, indicating a weak short-term trend, support level at 2420, resistance level at 2450.

LTC: The price continues to stay below the middle band of the Bollinger Bands, indicating a weak short-term trend, support level at 64, resistance level at 67.

BCH: The price has broken below the middle band of the Bollinger Bands, indicating a weak short-term trend, support level at 310, resistance level at 340.

That's all for now, good night!

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