The Dallas Area Chamber of Commerce, in partnership with the Federal Reserve Bank of Dallas and the Dallas-Fort Worth World Affairs Council, invites community members to participate in a conversation with Federal Reserve Chairman Jerome Powell. Powell said in a speech early Friday morning Beijing time that if economic data allows, it would be wise to cut interest rates slowly, which triggered a decline in global markets. $BTC $ETH Here is the full text of his prepared speech: Good afternoon. Thank you to the World Affairs Council, the Federal Reserve Bank of Dallas, and the Dallas Area Chamber of Commerce for your kind invitation. It is a pleasure to be here today. I will begin by speaking briefly about the economy and monetary policy.
Bitcoin has recently climbed to the 90,000 mark, but the technical correction gave people a false alarm and a large fluctuation. It felt that the bull market had passed. The influx of a large number of retail investors made the capital force more likely to harvest. It once rushed to 93,400, experienced a back-and-forth wash at night, and quickly recovered the rising form. The rise was so fast. As the price rises, the more it rises, the more timid it becomes. How many people can join? In the end, there is only a battle between capital and capital! $BTC $ETH
It is irrational to short in the current situation. The market follows the pace of the bulls and rises blindly. The rise is so strong that you must not blindly take the short position. Focus on the long position, watch the correction, and then find a suitable point to enter the market.
The daily trend closed with a positive, still in an upward trend. The four-hour trend chart K line runs around the upper track, without any downward trend. All technical corrections are to accumulate power for a high!
When I first heard it, I didn't understand what the Fed meant, but when I listened to it again, I was already a part of the song.
The US October CPI is already known, which is consistent with what we (Global Markets Strategy) predicted on the same day, namely, "We expect the CPI data to be in line with market expectations to a relatively high extent." How to interpret. $BTC 1. The market gave a reasonable evaluation: This data will not affect the interest rate cut in December. After the data was released, the market's probability of the Federal Reserve cutting interest rates in December increased from 55% to 80%. But from the details of the data, we see signs of stagnation in inflation. The core CPI rose steadily at 3.3% in October, the same level since June, and only briefly fell to 3.2% in July. If not rounded, the year-on-year increase in the core CPI in October actually rose from 3.26% to 3.3%. In other words, we see that the published data is only accurate to one decimal place, and the actual inflation data is rising.
$BTC $ETH Friends, have you followed up? I will give you the idea in advance. If you can't follow up, I can't do anything! Entered the market at 86615 during the session, reduced the position at 90672, perfectly reached the expectation, and the floating profit was more than 4,000 points. Who else? Follow up and you will make money!
Some friends can make a lot of money by following up, while others always complain that they can't keep up with the profit, but they can keep up with the loss. I really want to know whether you are selecting strategies to follow your heart, or you are unwilling to find your own reasons.
Recently, Bitcoin has experienced large fluctuations and hit new highs, breaking through the 90,000 mark at one point. The rise is quite fierce and the momentum is strong. Why did it once retreat to around 85,000, a drop of about 5%. Some say this is a normal adjustment in the bull market, while others say this is the beginning of a waterfall. What do you think? $BTC $ETH
Focus on Bitcoin's key support level at 84,800 to 85,100, and the pressure level at around 89,950 to 90,555. A short-term correction will not change the upward trend, and a correction is more!
With the influx of major institutions, the bullish factors are greater than the bearish factors. From the perspective of the four-hour structure, the retracement still does not break the upward trend, and the shock repair is carried out to accumulate power for a sprint to a high position.
Operational suggestions More around 86,400-86,900, with a target of 89,000 to 90,000
The above suggestions are for reference only, and the specific operations are subject to the changes in the market! #马斯克将领导美国政府效率部 #市场倒车ing你有购物清单吗? #比特币搜索热度攀升 #比特币搜索热度攀升 #BTC何时破9万?
Still waiting to see whether to go long or short❓❓
$BTC $ETH
The market trend is bullish, and I don’t need to say more about the bullish factors!
The technical pullback is just to accumulate strength for the high. It is not impossible to go short, but be cautious. The entry point is very important. Don’t be bearish blindly, follow the trend, and don’t follow the trend.
Follow up with long orders, and then go short according to the market trend. The reference point is 88900~89800, which can be tried with a light position. The previous article gave a long order plan around 86400~86900. More than a thousand points of profit space have been pocketed during the session. Continue to be bullish!
Recently, Bitcoin has experienced large fluctuations and hit new highs, breaking through the 90,000 mark at one point. The rise is quite fierce and the momentum is strong. Why did it once retreat to around 85,000, a drop of about 5%. Some say this is a normal adjustment in the bull market, while others say this is the beginning of a waterfall. What do you think? $BTC $ETH
Focus on Bitcoin's key support level at 84,800 to 85,100, and the pressure level at around 89,950 to 90,555. A short-term correction will not change the upward trend, and a correction is more!
With the influx of major institutions, the bullish factors are greater than the bearish factors. From the perspective of the four-hour structure, the retracement still does not break the upward trend, and the shock repair is carried out to accumulate power for a sprint to a high position.
Operational suggestions More around 86,400-86,900, with a target of 89,000 to 90,000
The above suggestions are for reference only, and the specific operations are subject to the changes in the market! #马斯克将领导美国政府效率部 #市场倒车ing你有购物清单吗? #比特币搜索热度攀升 #比特币搜索热度攀升 #BTC何时破9万?
Inflation has returned to the forefront of Federal Reserve watchers' minds as they assess the future path of U.S. interest rates.
Financial markets are unusually dull, paving the way for the release of US CPI tonight. $BTC $ETH
Asia-Pacific stock markets fell, and last night the US stock market fell for the first time since the US election day, which scared investors. Although the decline was not large, it still sounded the alarm for the market.
The market's focus now turns to the US October CPI data, which will be released at 21:30 Beijing time.
Judging from the speeches of two Fed officials last night, the answer for tonight seems to be revealed, that is, there is a high possibility that the CPI data will meet or slightly exceed market expectations.
Recently, Bitcoin has experienced large fluctuations and hit new highs, breaking through the 90,000 mark at one point. The rise is quite fierce and the momentum is strong. Why did it once retreat to around 85,000, a drop of about 5%. Some say this is a normal adjustment in the bull market, while others say this is the beginning of a waterfall. What do you think? $BTC $ETH
Focus on Bitcoin's key support level at 84,800 to 85,100, and the pressure level at around 89,950 to 90,555. A short-term correction will not change the upward trend, and a correction is more!
With the influx of major institutions, the bullish factors are greater than the bearish factors. From the perspective of the four-hour structure, the retracement still does not break the upward trend, and the shock repair is carried out to accumulate power for a sprint to a high position.
Operational suggestions More around 86,400-86,900, with a target of 89,000 to 90,000
U.S. stocks, U.S. Treasuries, gold, Bitcoin, and crude oil all faced selling pressure, while the dollar rose to even more extreme levels. The drop in gold and crude oil is not surprising; gold fell due to the reduction of uncertainty (gold traders unwinding speculative positions increased before the U.S. election), and oil prices dropped because Trump brought special downside risks. The decline in the U.S. stock market revealed more clues. From the trends in the U.S. stock market: · The market fell immediately after opening, seemingly 'fully pricing' Trump's 'landslide victory.' Earlier that day, it was confirmed that the Republicans gained control of the House of Representatives, which represented the market's 'full pricing.' Bitcoin fell along with the U.S. stock market, further confirming the 'complete pricing'—bets on Trump were instead closed out, leading to a reversal.
| With the news of the Republican Party taking the House of Representatives, financial markets' bets related to Trump have become even more extreme. Wall Street is already calling for the S&P 500 index to rise to 10,000 points and Bitcoin to reach $100,000.$BTC
Do not guess the top, do not guess the bottom. The Chinese market closed, seemingly particularly quiet. Compared to the ups and downs, people are more focused on thinking about the future direction. 1. The A-shares and Hong Kong stocks have fallen, consistent with what we forecasted in the (Global Market Strategy) this morning. Today's performance of the Chinese market is less related to domestic policy expectations and more influenced by the Trump-related market. Almost no one doubts that China will introduce more stimulus policies, and it is expected that China will deploy response measures at the December meeting and finalize fiscal stimulus measures at the National People's Congress meeting in March next year.
In trading, gains and losses originate from the same source, but most people experience unequal gains and losses. Only by achieving a good risk-reward ratio can one survive in the market! $BTC $ETH
As mentioned earlier, the tug-of-war between long and short positions—I'm not sure if you all are keeping up. Whether it’s the market’s fluctuations, pullbacks, or rebounds, follow the trend. Reference the area around 89800-90600 for short positions, and watch the area around 88500 for support. If there are floating profits, take them and follow the market trend for long positions!
According to The Hill, the American Republican Party is expected to continue controlling the House of Representatives, especially with former President Trump returning to the White House next January, giving Republicans complete control over Washington. Election forecasting agency Decision Desk HQ predicts that Republicans will win the 218th seat in the House on Monday, which is the number of seats needed for a majority. Currently, Democrats hold 209 seats. Several media outlets had previously predicted that Republicans have gained control of the Senate. This outcome is a significant victory for House Speaker Mike Johnson, a Louisiana Republican, who has risen from obscurity to become the leader of House Republicans, playing a crucial role both legislatively and in campaign infrastructure.
Don't guess the top, don't talk about the bottom❗❗
Currently, the market trend is not solely bullish! Don't just chase the rise, change your strategy and be flexible. Currently focusing on the upper area around 89800 and the lower area around 87000, with back-and-forth movements in both directions, maximizing floating profits❗❗$BTC $ETH
In the previous text, two trades flipped back and forth, achieving floating profits up to 7000 points safely, with the third trade entering a long position at 87850 and exiting at 89181, with a floating profit of 1300 points. The three trades accumulated over 8300 points!
No one can be 100% correct, and there is no 100% certain market. Never go all in or blindly chase after rising and falling prices; this is like a high-stakes gamble. $BTC $ETH
Entered the market at 83938 at night, went through a reduction in positions midway, which led to a later exit at 89389, with a floating profit of over 5400 points. In the morning, arranged a current price short position at 89640, exited at 87974, with a floating profit of over 1600 points all safely pocketed.
To achieve sustained and stable profits in this market, one must accept normal pullbacks, cut losses promptly when wrong, hold onto profits when right, avoid over-leveraging, not hold onto losing positions, and trade infrequently! #牛回速归,晒晒你的持仓? #BTC连续破新高,你看到多少? #币安将上市ACT、PNUT #DOGE飞”狗“在天 #特斯拉市值重上1万亿美元
The market is still influenced by the potential Trump situation, even though he has not yet taken office. People worry that a single tweet or even an interview could impact the market. 1. The movement of the financial market on Monday can be described as "crazy," continuing to position in a way that benefits from Trump. The dollar hit a new high for the year, US stocks and bitcoin reached all-time highs, while gold, crude oil, and offshore yuan plummeted, with most markets showing extreme movements. The broadcasts traders heard from trading terminals sounded deafening. As we mentioned in our weekend release (Fear and Greed Index Report: Stormy Seas), some markets you think have hit their limits have actually just begun.
No one can be 100% correct, and there is no 100% certain market. Never go all in or blindly chase after rising and falling prices; this is like a high-stakes gamble. $BTC $ETH
Entered the market at 83938 at night, went through a reduction in positions midway, which led to a later exit at 89389, with a floating profit of over 5400 points. In the morning, arranged a current price short position at 89640, exited at 87974, with a floating profit of over 1600 points all safely pocketed.
To achieve sustained and stable profits in this market, one must accept normal pullbacks, cut losses promptly when wrong, hold onto profits when right, avoid over-leveraging, not hold onto losing positions, and trade infrequently! #牛回速归,晒晒你的持仓? #BTC连续破新高,你看到多少? #币安将上市ACT、PNUT #DOGE飞”狗“在天 #特斯拉市值重上1万亿美元
Bitcoin City has reached new highs in an 'undeniable bull market.' It is reported that Trump is preparing to take a more lenient stance on cryptocurrencies within the U.S. government, and he is scouting for key position candidates who are friendly to the crypto industry. $BTC $ETH As of 05:30 Beijing time on Tuesday, Bitcoin broke through $88,000, rising more than $7,500 or 9.5% in a single day, with a total market capitalization exceeding $1.72 trillion. This is the largest increase since the price rose nearly 13% in March 2023. President-elect Trump’s enthusiasm for cryptocurrencies has invigorated the market. On November 12, Bitcoin continued to rise, breaking through the $89,000 mark, facing the challenge of the $90,000 threshold, while Ethereum rose to $3,345. Meanwhile, the total market capitalization of global cryptocurrencies exceeded the historical high set in November 2021, reaching $3.1 trillion.
Global market opens, and the turbulence in the financial markets shows no signs of stopping; Asian stock markets may face difficulties in the early session. - The dollar index gapped higher at the open, continuing to push towards the high end of the current trend. - Stock futures from Sydney to Tokyo and Hong Kong have all seen declines. - After a significant drop last Friday, the offshore yuan continued to decline on Monday, attempting to test the 7.20 level. It is easy to imagine that the central bank of China will set the yuan's midpoint exchange rate today significantly higher than market expectations to prevent a rapid depreciation of the yuan. - Gold prices closed at the daily low last Friday, and opened lower again this Monday, indicating that the downtrend may not be over.
The current market is confusing, with bulls continuing to exert force, making it difficult to decipher. It has been climbing to the 81600 level. After the frenzy, undercurrents of crisis are stirring. $BTC $ETH
Technical Structure Analysis: Several indicators show that Bitcoin is experiencing a strong buy signal. The Ahr999 index, the Fear and Greed index, the RSI indicator, etc., are all pointing in a bullish direction. However, it is important to note that as prices continue to rise, the market may also face the risk of a pullback. It is advisable to take appropriate profits at high levels to guard against minor adjustments! Do not guess the top, and do not speak of the bottom. The short-term focus should be on shorting during pullbacks.
Operational Suggestion: Short directly near 81000-81300, with a target of 79000.
The market misjudged Trump in 2016, is it right this time?
As Trump returns to the US presidency, Wall Street business leaders, including those who opposed Trump in the past, are flocking to "Trump 2.0", and the market is generally paying attention to his four major policies: immigration control, tariffs, corporate tax cuts and deregulation. The market has begun to reflect the expectation of "Trump-style inflation boom". The two-year inflation break-even point has soared 100 basis points in the past 8 weeks, and highly leveraged industries, such as private equity, consumer discretionary and biotechnology, have shown an upward trend in prices.
Where is the Air Force❓❓ The bullish pressure should end now! A surge directly reached the 80000 mark, the increase was so rapid that the bulls should be on the brink of a downturn! $BTC $ETH
A peak was reached, directly placing a market short order at 79708, exiting at 78932, securing a profit of over 700 points!
The previous text mentioned entering a short position near 77600-78000, which has been stopped out. There was a judgment error; one must acknowledge their mistakes. When being hit, stand at attention; regain what was lost! $BTC $ETH
Losses are not frightening; what is frightening is the inability to turn losses into profits. Quickly arrange to enter a long position at 78053, exit at 79567, securing a floating profit of over 1500 points.