11.07 South Star Exclusive Analysis of Market Views and Future Trends The Federal Reserve currently believes that the impact of tariffs on inflation will result in short-term price fluctuations and is concerned about the consequences of negative growth. Before the Federal Reserve digests the impact of elections, it does not want to catch the market off guard, but the concept of holding steady has been raised. Although the Federal Reserve will still cut interest rates today, it will sell the space for daily rate cuts.
Market Review Recently, prices have fluctuated around 75000, forming a high-position doji star indicating a temporary balance of market bullish and bearish forces. After a rapid rise, it is currently in a high-level consolidation phase, and a breakout pullback may occur. In a comprehensive analysis by South Star yesterday, I clearly stated that the beginning of the bull market is merely at the mid-end. We have now entered the mid-end phase, and the overall weekly line at 76000 shows a triangular contraction. My view remains unchanged: if 76000 cannot be broken, it will certainly lead to a market adjustment, targeting the 73000 area for repair. However, based on the current market capital ratio, 80000 is merely a statement!
Short-term Recommendations for Bitcoin Enter the market at 74600-74800, with a target of 75700-75900.
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