The market will continue to rise sharply! 20241027

CN
6 hours ago

Good evening, brothers!

Middle-aged men,

What is a way to relieve stress?

My ways include market trading, gathering with friends to sing, watching short videos, and so on.

Do you find it strange that market trading is also a way to relieve stress?

Because market trading for me contains a sense of making money.

Recently, I saw a blogger's way to relieve stress, which is to go for a drink after work. The feeling of being slightly tipsy is indeed nice. What about you?

……

Based on the speeches of Federal Reserve officials over the past six weeks, economists generally expect the Federal Reserve to cut interest rates by 25 basis points, adjusting the rate range to 4.5%-4.75%. Although key data such as the September PCE inflation report and the October employment report will be released before the rate cut, analysts believe that this data will not change the Federal Reserve's decision-making path.

BTC: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, and the price trend remains weak.

On the daily level, the price continues to oscillate near the moving averages.

In summary, the support level is 67000, and the resistance level is 67300.

ETH: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, and the price trend remains weak, with a support level of 2460 and a resistance level of 2480.

LTC: The price continues to stay below the middle band of the Bollinger Bands, and the price trend remains weak, with a support level of 68 and a resistance level of 71.

BCH: The price continues to stay below the middle band of the Bollinger Bands, and the price trend remains weak, with a support level of 330 and a resistance level of 360.

That's all for now, good night!

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