Market Outlook Discussion: Bullish but Don't Chase! Amid Interest Rate Cut Frenzy, Beware of the Bear Market Vortex!

I repeatedly emphasize to everyone: bullish but absolutely do not chase! Currently, the expectations of interest rate cuts are heated, but behind this heat, there may be risks of entering a bear market, which must be monitored closely!

1. Interest rate cuts do not equal continuous rises: the market is indeed driven by expectations of interest rate cuts, and short-term long positions can be profitable, but one must think clearly—once the news sentiment is digested, will we fall into the old routine of 'buy the expectation, sell the fact'? Previous high positions may very well become low positions; don't wait until a correction occurs to panic.

2. Historical patterns should be heeded: looking back, before the last three presidents of the U.S. took office, there were many instances of pressuring the Federal Reserve to cut interest rates to win votes. At that time, the news was also overwhelmingly positive, but it was often followed by financial storms, ultimately falling into the vortex of major adjustments. This point must be remembered; don’t let short-term market movements cloud your judgment.

Short-term operational thoughts:

- BTC: In the past few days, it’s mainly about pulling back to go long, with support at 113500, 114200, and resistance at 117500, 118200. However, as soon as sentiment retreats or the support level is broken, immediately reverse direction; no more stubbornly holding long positions.

- ETH: Key reminder! On-chain momentum is indeed strong, but once the good news fades, it can drop sharply. These days, absolutely do not chase high positions; first watch the resistance at 4880, and only if it breaks can we continue to rise; support is at 4560; if it cannot hold, it’s dangerous.

Regarding trend analysis, international situation, etc., those who understand, understand, no need to elaborate. Additionally, there are still 5 spots left for trading, starting at 5000u; those who want to keep up with the rhythm should hurry; opportunities do not wait for anyone. #ETH创历史新高 #杰克逊霍尔会议 #BNB创新高 $BTC $ETH