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#美联储重启降息步伐 If there's a huge upset with a rate cut announced on Thursday, now that would be interesting. Will they pull the plug...
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Why are so many people hoarding ETH, with so much bullish news, yet still going short? (The high short strategy will be maintained until this Wednesday at 11:59 PM!)
So far today, the lowest has been around 3090. There won't be much volatility during the day session. Since ETH dropped to around 3050 last Friday night, I've been saying that for the next 3-5 days, the main strategy should definitely be shorting at highs. Let me say it again: until this Wednesday night at 11:59 PM, the main approach is to short at the highs.
First of all, 3050 is a very critical level. Starting last Monday, ETH s
ETH6.82%
BTC2.28%
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GateUser-ab932b73vip:
Stay strong and HODL💎
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Everyone is waiting for the Fed rate cut on Thursday. Everyone knows in their hearts that a 25 basis point rate cut by #美联储重启降息步伐 is almost a foregone conclusion. Instead, the real focus is what happens after the rate cut by #鲍威尔讲话 —that’s what will shape the trend going forward!
Will he hint that “this is the last cut,” or will he leave some hope for the market? Every word he uses will be dissected and magnified by the market.
After the 25 basis point rate cut in October, Powell warned of the need to guard against an inflation rebound and emphasized that the December rate cut was “by no mean
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12.08 Monday ETH
Last night's rally did not break through the previous high of 3192. Looking at the 4-hour chart, the 3190-3240 range is Old No. 2's resistance zone. Once this is broken, it's the bulls' exclusive club. If it can't break through the 3190 threshold, unless there's confirmation from the Fed's rate hike information, or some new positive catalyst appears, bulls still need to enter cautiously.
Last Friday I mentioned that if ETH falls below 3050, the outlook will be bearish for at least the next 3-5 days.
After a downward spike last night, it quickly rebounded.
For several consecuti
ETH6.82%
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$BTC [BabyBus] 12.08 Monday (Current quote: 91300)
Last night, there was a short-term drop piercing through 89000. The current quote is around 91300. Today, we expect volatility, with resistance at the 92,000-93,000 range. If it holds above 93,000, it will continue to test the 95,000 level in a sprint attempt.
Support below is currently in the 89,000-86,000 range (predicting that during Thursday's meeting Powell will make some hawkish remarks, making it very likely this support will be pierced). In terms of volume, there are currently no signs of a bullish breakout.
BabyBus action:
Short if i
BTC2.28%
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Wait until it drops to 3050 on Friday, then let's talk. Open a short position for fun!
Find an entry point to continue shorting!
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Still the same message: if 3050 is broken, the rally that started on Tuesday will pause for consolidation and then choose the next stage direction!
Two longs today:
$ETH long at 3120, stop loss at 3110. Long at 3100, take profit at 3150!
A total of 40 points gained!
$BTC 9 long at 1300, stop loss at 91000. Long at 90400, take profit at 91300!
A total of 700 points gained!
Cut losses quickly! Don’t be greedy when catching pullbacks, set clear targets and act decisively!
ETH6.82%
BTC2.28%
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$ETH is currently quoted at 3120, a small drop just occurred.
As mentioned today, ETH is expected to fluctuate within the 3050-3230 range.
3050 is the key level to determine whether the current bullish trend will reverse.
If it can't hold above this level, starting tomorrow, it's time to go short on swings!
ETH6.82%
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12.05 Friday BTC Afternoon Strategy:
Currently, BTC price is around 92,000. After rising from 84,000 to this week's high of 94,000, the 4-hour chart is now in a sideways pattern.
In the short term, the range is expected to fluctuate between 94,000 and 87,000.
The day session is still expected to be volatile. After all, it's moved 10,000 points in three days. After breaking below 91,000 at 3 a.m. today, the market started to correct, and it indeed needs time to find direction.
Afternoon strategy:
Watch the resistance around the 94,000 level. Short-term support is at 91,300, with strong support
BTC2.28%
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$ETH 12.05 Friday Daytime Consolidation
The market will continue to consolidate during the day. The likelihood of a breakout in either direction is low, as the market has already priced in much of the upcoming news.
After Monday’s sharp drop due to Japan’s interest rate hike, the market has been climbing steadily since the early hours of the next day, reaching yesterday’s high near 3240.
Yesterday, the market fluctuated between 3150 and 3230 during the day.
After three consecutive days of gains, today is expected to continue consolidating.
The consolidation range is between 3050 and 3230.
You
ETH6.82%
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It’s already happened twice in a row—wicking down to scare off the longs or trigger stop-losses and liquidate them?
Luckily, sis notified me to set a breakeven stop before going to bed!
Seriously, what a joke.
What’s tough is that yesterday was a wasted day,
But at least the good part is I got to sleep early, haha.
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$ETH started calling long from 2740 on Monday, all the way to today, including tonight—still long! $BTC has been calling long since 85000, and has kept calling it up to today. So far, BTC has gained 5000 points in long positions!
Over these past three days, how many people dared to go heavily long? No one knows exactly when the market will reverse, or when to catch the top or bottom; the market unfolds as it goes, so don't always try to trade against the trend.
And don't try to catch every single move.
Cut your losses when you need to, and follow the trend when you should.
After all, 99% of
ETH6.82%
BTC2.28%
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[12.04 Thursday] BTC Evening:
The trend is basically a small-range box oscillation at the moment. The current price is around 92,800, and the day's movement is also within the bullish trend range.
For a reversal trend to emerge, it is necessary to break below the strong 4-hour support at 92,000; only then will the market turn bearish!
BTC tonight: Go long directly around 92,500-92,900.
First target: 94,000. Second target: 95,500.
BTC2.28%
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[Thu, 12.04] ETH Evening:
US trading hours haven't started yet, and during the day, the hourly chart shows a small range fluctuation of $40-50.
Looking at the larger daily trend, once it holds above the 3260 level, it will continue to move up toward the second target at 3420!
Evening strategy: Go long around 3150-3180.
First target 3260, second target 3420.
ETH6.82%
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