Good evening, brothers!
Today is the Double Ninth Festival.
Have you all had your supplements?
Many people are increasingly neglecting the so-called supplements.
In fact, this was a hope for life during times of material scarcity.
It can be seen as a sense of ritual in life.
After the reform and opening up,
especially after joining the WTO,
the lives of Chinese people have generally improved.
As long as you work hard,
food and clothing are not a problem,
so material life is increasingly overlooked.
When I was a child, I was particularly happy during festivals,
and I looked forward to the holidays a few days in advance,
because there was pocket money and many delicious snacks.
Now, children generally do not have special expectations for snacks anymore,
which is a great achievement of our country's development.
……
Data released on Thursday showed that the U.S. CPI inflation in September exceeded expectations, marking a setback in the recent decline of inflation. Analysts believe that the higher-than-expected inflation data, combined with the strong performance of last week's U.S. non-farm payroll report, may intensify discussions about whether the Federal Reserve will choose a slight rate cut next month or pause after a significant rate cut in September. On Thursday, several senior officials of the Federal Reserve spoke out. Most of them believe that although U.S. inflation has not yet reached 2%, they are confident that inflation is moving in the right direction and are not too worried about the September CPI inflation report being higher than expected. However, non-hawkish voting member Atlanta Fed President Bostic said he is absolutely open to the idea of pausing rate cuts in November based on the recent mixed data.
BTC: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, with a weak short-term market.
On the daily level, the price continues to fluctuate near the moving averages, with an average trend.
In summary, support level at 60900, resistance level at 61300.
ETH: On the 4-hour level, the price continues to fluctuate near the middle band of the Bollinger Bands, with a support level at 2400, resistance level at 2430.
LTC: The price continues to fluctuate near the middle band of the Bollinger Bands, with a support level at 64, resistance level at 67.
BCH: The price continues to stay below the middle band of the Bollinger Bands, with a weak price trend, support level at 310, resistance level at 340.
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