Is there still hope for FIL and LTC? CPI is higher than expected, can it break through 28,000 yuan and stabilize in October?

Halo, hello everyone, I am Chenshi. Recently many people asked me when FIL and Litecoin will rise. I am so annoyed that I have lost my temper. Sometimes I am so angry that I don’t even want to look at it. I also said that I saw others say on the Internet that FIL will fall a lot like Ethereum, and finally rise dozens of times like Ethereum.

But what you may not know is that Ethereum is a public chain. Over the years, too many attempts to surpass Ethereum have ended up in vain, such as Sol, DOT, and many others, which were once known to be the most powerful.

FIL is a storage, and the coins mined from Ethereum are in the hands of individuals, not centralized. But FIL is different, it is more centralized. I don't need to tell you where everyone's pledged coins have gone. Everyone knows it very well. Whenever there is good news for FIL, after a big player pulls the price, those who hold pledged coins will sell some FIL. Because they also want to sell some at a high price, after all, it is free, and different people have different opinions.

I am also a Buddhist disciple. I have been in this industry for many years and have seen too many people fall into traps and lose money. I will help as much as I can. KNK1416 is in this world and everyone understands it. I will help everyone. These are all sharings from senior analysts. I will share support and resistance levels, market conditions, important information, technology, etc. Helping others is what every Buddhist disciple is willing to do.

Let’s get back to the point: FIL still uses the old routine I shared before. After buying high and selling low, everyone who holds the pledged coins knows to sell, so why don’t we sell? Many people also thanked me for saying that they have gained a lot by following my method, such as the 10U or so I shared in February, the 5U or so I shared, and the 7U or so I shared in April, which can be seen in my previous sharing. Different people have different opinions.

I don’t want more people to lose money and continue to be in the group of leeks. As for Litecoin, the production was reduced in August. At that time, I shared that it was sold in batches at around 120. But many people don’t know this news. But friends who didn’t sell it later, don’t lie. In fact, Litecoin at 60 is a good thing for those who don’t hold it. This position is not high at all. The bull market will arrive after Bitcoin’s production reduction for about half a year. Litecoin is the first peer-to-peer currency inspired by Bitcoin, and it has the same principle as Bitcoin.

So the supply of Litecoin has not decreased, but the output has decreased. As time goes by, when the market needs to tighten, Litecoin will explode. Although the production of BCH, or Bitcoin Cash, was reduced in August, it is more popular with BlackRock. Litecoin did not reach hundreds as expected, but after the production reduction, it will definitely have a good performance over time. The position of around 60 can be said to be not high at all. There is also a position of around 52, which is based on the situation of encountering major events, but if there is, we will share it in advance.

Finally, let me share CPI. You need to remember that CPI and interest rate hikes complement each other. That is to say, if the overall CPI is lower than expected, interest rates will be raised to promote consumption. If it is higher than expected, there will be no interest rate hike. This is also a knowledge point that many people in the market are reluctant to share. Now the interest rate hike can be said to have been engraved in everyone's mind. As long as the interest rate is raised, it will fall. It's all fear. For everyone's peace of mind, today I will share with you how to predict whether the interest rate will be raised in advance. This is the easiest way to remember. You can follow me so that you can find it. Finally, share the market: the support level of the big cake is still very strong in our analysis. It is difficult to break without major negative factors. The resistance level is still 28,000, and it is expected to break through in October, because the big cake and the cottage are not linked, the project is buried due to the bad market, and there is no money to support the operation of the project. Once the big customers are attracted, the cottage will stop moving. The consensus of the instant big cake begins to show. Finally, I will share with you: zrx, the position below 0..2 is not high, you are welcome, see you next time!