Double the profit! 20241110

CN
1 month ago

Good evening, brothers!

Happy weekend,

This weekend a classmate came to my house to play,

Grandpa also came over to have fun,

On Sunday we went to a nearby ancient village,

This afternoon we took a walk in a nearby park,

Grandpa was very happy,

Took a lot of photos.

The elderly are happy,

Naturally, we are happy too.

Haha.

……

Since the beginning of this year, Wall Street has been continuously questioning the market's sustained rise. However, with Trump's return, various signs indicate that they may be overly pessimistic.

In just five trading days, over $2 trillion in new funds flowed into the U.S. stock market, with $20 billion alone entering funds this Wednesday. Small-cap stocks and bank stocks performed particularly well, and Bitcoin also reached a new high.

Pure optimism is sweeping Wall Street. Trump has promised to cut taxes and ease regulations to promote economic growth. This will inject new vitality into an already prosperous economy, just like the Federal Reserve's loose monetary policy.

BTC: On the 4-hour level, the price continues to stay near the upper Bollinger Band, and the price trend remains strong.

On the daily level, the price continues to stay above the moving average support, and the price trend remains strong.

In summary, the support level is 79300, and the resistance level is 79800.

ETH: On the 4-hour level, the price continues to stay near the upper Bollinger Band, and the price trend remains strong, but the short-term market is overbought, so caution is needed for a market correction. The support level is 3180, and the resistance level is 3220.

LTC: The price continues to stay above the upper Bollinger Band, and the price trend remains strong, but the market is already overbought, so caution is needed for a price correction. The support level is 76, and the resistance level is 80.

BCH: The price continues to stay near the upper Bollinger Band, and the price trend remains strong. The support level is 420, and the resistance level is 450.

That's all for now, good night!

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