The crypto is going to experience big fluctuations tonight, and CPI is finally coming!
This wave of expectations rose from 2.9% to 3.1%. If it is in line with expectations, it will be flat. If it is higher, it will be bad news, and if it is lower, it will be good news.
Considering that the Federal Reserve is going to cut interest rates next week, Trump certainly hopes that the data will be "better looking", especially since the new Secretary of Labor is one of his own people. This year's data has been quite impressive.
Overall, BTC is likely to remain strong before the interest rate cut. In the short term, it is mainly long on dips. Pay attention to the resistance levels of 114,000 and 115,800. Consider Kong again if they break through.
10.24 Market Analysis
The market has bottomed out and things are going to get better.
BTC: The market continues to rise, the pressure level ahead is 111111, the downward trend has changed, and we will continue to long if we turn over it strongly.
Ether: Its trend is similar to BTC, nothing much to say. Long at this level has a high profit-loss ratio, so don't go against it.
It's been two weeks since the October 11th crash, and the market is slowly recovering. The secondary market has been largely ignored for a while, with little activity within the industry. This is a great time to invest in the secondary market. Markets have cycles, so don't be overly pessimistic.
The CPI data will be released tonight. Whether the market can be saved depends on this wave. If there is no stimulus, even the popularity will be shaken.
I have recently been looking for hundred-fold coins like $MYX and $COAI. They have two things in common: continuous new highs, large contract volume, and market makers supporting the market.
At present, $RIVER, $XPIN, $ H , $APR, $UP, and $EVAA all meet the characteristics. The next dark horse may be among them.
Trends of altcoins:
#ASTR is expected to rebound in the short term, with the target around 1.3. The time is almost here.
#SOL is still fluctuating in a large range. You may really need to consider reducing your position after this rebound.
#XRP's trend is still weak. It has formed a Double Top pattern before. The project team is just bragging at this stage.
As for #PEPE , don't be fooled by its current dead appearance. This wave will most likely continue for a short period of time, which is in line with the buy the dips rhythm I mentioned before.
The opportunity is gone in the blink of an eye, so hurry up! Don’t let hesitation delay the best time to make a fortune, and don’t be ripped off by the air coins. Follow Sister Miao and enjoy this bull market together! Communication + V: Mixm5688
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