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Star Academy: How long can the impact of interest rate cuts last? Can the market reach another 70000 by the end of September?

2024-09-25 11:00

Click on the link to enter the live stream: https://meeting.tencent.com/p/6766256335 Hello everyone, I am Traders Long Yu, the gold medal analyst who will be live streaming tonight. Next is my opinion on the current market: Market analysis on September 25th: In the medium term, the market is still in a bullish trend. With the implementation of interest rate cuts, Bitcoin has once again stabilized above 62000 and has repeatedly strengthened the support of 62000. From September 19th to 25th, there were four retracements, but none of them broke through! The current market has been fluctuating back and forth in the range of 62500 to 64000 for a week, and the volatile trend is about to come to an end, with a change of direction imminent. The resistance zone of Bitcoin 65000 is a reversal zone, and 65000 is a resistance zone at the weekly and daily levels. If the bulls break above and directly stabilize in this round, then the future market trend looks to the 68000 zone. If the resistance of 65000 is effective, how should we plan our strategy? Firstly, after the market reaches 65000, we should identify whether it has been artificially broken. If it is true, we should focus on short selling plans. Be cautious in pursuing breakthroughs. From a technical perspective, the bullish volume this week is expected to show a contraction, but compared to the previous two weeks, it is much weaker this week. MACD is currently in a state where both lines are flat and there is no strong bullish attack signal. The weekly trend is under pressure on MA30, and various technical indicators indicate a need for a rebound in the medium term. Tonight's live broadcast will provide you with a long-term guidance plan and short-term operations during the live broadcast process. Official QQ fan group: 938260827 Tencent Meeting Number: 676-625-6335 Disclaimer: The above content only represents the author's personal views and is for communication and sharing purposes only. It does not represent the position or viewpoint of AICoin and does not constitute any investment advice or external contacts based on this. It is not related to AICoin and the consequences are borne by AICoin.

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