Good evening, brothers!
Frost's Descent is the last solar term of autumn, marking the transition from autumn to winter.
Fortunately, under the clear skies, we can wash and bask in the warm sun…
Persimmons have been eaten for over half a month, just waiting for the temperature difference to bring the sweetness of oranges.
Chrysanthemums are already in full bloom, and the beef rice my mom cooked for dinner is just right.
Sitting idly in the partially shaded sunlight, with a cup of tea, a bit of fruit, and the purring of a cat, I can only hear the tranquility of the distant mountains and nearby waters…
In market trading, we continue to strategize. The benefit of only making trades we are confident in is that it leads to profit. As long as we are not greedy, making money in the market is inevitable.
……
The CEO of Bank of America suggests that the Federal Reserve should not "overdo it" with interest rate cuts and expects the terminal rate to be around 3.25%.
On Wednesday, in an interview with Bloomberg, Bank of America CEO Brian Moynihan warned the Federal Reserve:
The Fed was slow to raise borrowing costs in 2022, and now it must avoid being too aggressive in cutting rates.
BTC: On the 4-hour level, the price continues to stay near the lower Bollinger Band, showing weak price movement.
On the daily level, the price has broken below the moving average support, indicating a weak price trend.
In summary, the support level is 66,200, and the resistance level is 66,600.
ETH: On the 4-hour level, the price continues to stay near the lower Bollinger Band, showing weak price movement, with a support level of 2,560 and a resistance level of 2,600.
LTC: The price continues to stay near the lower Bollinger Band, indicating a weak price trend, with a support level of 67 and a resistance level of 70.
BCH: The price continues to stay near the lower Bollinger Band, indicating a weak price trend, with a support level of 340 and a resistance level of 360.
That's all for now, good night!
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