The hawkish army is approaching, and the Fed is unlikely to cut interest rates in December! 11.14 BTC ETH strategy.

The financial market has noticed the recent intensive statements from the Fed regarding its so-called "inflation hawkish" stance. According to federal funds futures contracts, investors have lowered the probability of a rate cut in December to about 47%. Before the October Fed meeting, the expected probability of a rate cut was as high as 100%. Due to the significant decrease in rate cut probabilities, the cryptocurrency prices have reverted to bearish. The long positions taken during the day yesterday yielded good results, and a small profit was made on a position taken in the evening; if another position is taken at midnight, it would have been a stop loss.

From a technical perspective, BTC has formed three consecutive bearish candles on the daily chart, with the Bollinger Bands moving downwards. The KDJ lines have formed a death cross and are diverging downwards, while the MACD has also formed a death cross and is diverging downwards for the second time. Overall, the indicators lean towards a bearish sentiment. The probability of the Fed cutting interest rates has decreased, leading to a decline in market confidence. However, the White House shutdown has ended, and considering that the four-hour chart is already oversold, it is not advisable to continue shorting at this position! The market on Friday is prone to unexpected events, so everyone should operate cautiously. For those who want to trade, you might consider going long!

11.14 Long Position Strategy:

Buy BTC at the current price of 98500-99000, for those who are more conservative, enter at 97500-98000, with a stop-loss near 97000, targeting 100000-100500-101000, if broken, look at 101500-102000-103000, continue to move the stop-loss based on the situation!

Enter long at the current price of ETH 3170-3200, for conservative traders at 3100-3130, with a stop loss around 3070. Targeting around 3250-3300, if broken, look for 3350-3400. Continue to move the stop loss based on the situation!

11.14 Short Position Strategy:

Short one hand on BTC rebound at 105000-105500, defend around 106000, target at 104000-103500, if broken look at 103000-102500-102000, continue to move the stop loss based on the situation!

Short one contract of ETH on the rebound at 3550-3600, with a stop loss near 3650. Target around 3500-3450-3400. If it breaks, look at 3350-3300. Continue to move the stop loss based on the situation!

The White House shutdown has ended, and the domestic regulatory legislation for cryptocurrency is underway. Currently, it has retraced nearly 30,000 points from its high, and ETH has retraced 1,800 points. As long as it doesn't go bearish, this is the best opportunity to buy the dip. Everyone can try to gradually enter long positions now! #广场发币瓜分千U奖池