#美联储宣布降息50个基点 $BTC $ETH Cake is expected to fall in the short term. Can the bulls continue to exert their strength after touching the key position below?

After the Fed announced a 50 basis point interest rate cut, the price of Cake went up all the way, reaching a high of around 64700 before falling under pressure. We have been wondering whether the Fed's 50 basis point interest rate cut has been fully digested in this wave of favorable increases? Technically speaking, there is a relatively obvious pressure level at the golden section of 0.618 above. It does not have the most direct conditions. At present, it may be used as a reference in the short term. If it does not fall below the golden section of 0.5, it will choose to enter the market and go long.

Cake suggestion: enter long orders in batches at 61400-60600, target 63500-64000 range, risk control 60100

The second cake is actually stronger than the big cake. In the process of rising, it did not drag like a serious illness. After rising to around 2700, it fell back. We have been emphasizing this in the early stage. Whether there will be a chance for Erbing to make up for the rise, the current market performance is in line with our expectations, but it also exceeds our expectations. Ether's current thinking is to choose to test the golden ratio 0.236 after the callback and continue to enter the market to do more.

Erbing suggests: enter the market in batches at 2560-2230, reduce the position at 2700, and the final target is around 2820, with risk control at 2515

Again, no matter how high your judgment of the future market is, you must take the stop profit and stop loss well.

In investment, everyone has their own different experiences and stories. As long as you are good at summarizing, overcome the weaknesses of greed or fear in your character, and develop correct investment ideas and good operating habits, then one day, you will leave your own wonderful investment story.