The Federal Reserve's interest rate cuts and the lack of news regarding a rate cut in December have led to a decline in market sentiment, resulting in another plunge yesterday.
Yesterday, Huang Mao announced in a high-profile manner that the tariffs on China would be reduced from 57% to 47%, in exchange for resuming purchases of American soybeans, maintaining smooth rare earth exports, and increasing efforts to combat illegal fentanyl. As soon as the news broke, there was a brief surge in the market, but it quickly fell back. It can be said that it was succinctly put: "The more the details of the agreement are disclosed, the more hollow they appear."
The market initially bet on the complete end of the trade war, but the reality is merely a brief ceasefire, and the optimistic sentiment has vanished in an instant.
BTC trading recommendation 108300-108700 long, target 111500 breakout to 112300, stop loss 900 points
ETH operation suggestion 3818-3836 long target 3910 breakthrough looking at 3960 defense 50 points
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#BTC 10.31 BTC.ETH.SOL final day of the month.
The Federal Reserve's interest rate cuts and the lack of news regarding a rate cut in December have led to a decline in market sentiment, resulting in another plunge yesterday.
Yesterday, Huang Mao announced in a high-profile manner that the tariffs on China would be reduced from 57% to 47%, in exchange for resuming purchases of American soybeans, maintaining smooth rare earth exports, and increasing efforts to combat illegal fentanyl. As soon as the news broke, there was a brief surge in the market, but it quickly fell back. It can be said that it was succinctly put: "The more the details of the agreement are disclosed, the more hollow they appear."
The market initially bet on the complete end of the trade war, but the reality is merely a brief ceasefire, and the optimistic sentiment has vanished in an instant.
BTC trading recommendation 108300-108700 long, target 111500 breakout to 112300, stop loss 900 points
ETH operation suggestion 3818-3836 long target 3910 breakthrough looking at 3960 defense 50 points
(Can be flexibly applied according to one's own position) #今日你看涨还是看跌? #GUSD双重收益 #现货ETF获批新进展 #抄底币种推荐