The village chief said 11.10 market analysis, what to watch this week and what to watch today

Preface

Stimulated by spot ETFs, the pie successively sold for US$36,000, US$37,000, and US$38,000. Ether breaks above $2,000.

A Reuters survey showed that 87 out of 100 economists said the Fed has stopped raising interest rates during this cycle; 86 out of 100 economists said the Fed will wait until at least the second quarter of next year before cutting interest rates;

According to CME Group's FedWatch tool, 90% of traders are betting that the Fed will not raise interest rates this year, 25% of traders expect the Fed to cut interest rates in March next year, and a 100 basis point rate cut is expected by the end of next year.

Market review

Yesterday, after the market reached a maximum of around 38,000, it began to rise and fall back. Then the market was detonated by a piece of news, and the market went out of its independent market after rising high and falling back. The editor wanted to say that it is awesome, and began to reflect on the excessiveness of the bear market. Fear, not grasping the current market trend, just eating some scraps, feeling pity, or lack of experience, and not bold enough to judge the market.

The editor's personal opinion: The bull's tail is coming, the doomsday chariot has started, the market is accelerating, and high-altitude opportunities have come. The main focus is above 37,000. The editor thinks that 40,000 is unlikely, and 38,000-39,000 may be about the same. At present, the total market value of the encryption market has reached 1.46 trillion, which is not bad. Just stop when it is good.

The two cakes came together with thousands of troops on the news, which made me realize that the power of the two cakes after rising is awesome. Currently, the two cakes are consolidating at a high level near 2100, and may break through the previous high at any time. I am personally optimistic about this round of two cakes. The height of the pie will reach around 2300, and may reach as high as 2500. If I were asked to short two pie, I would start a short position near 2250 and break the 2500 stop loss. Look again and continue to short it. Reason: We are still in the interest rate hike cycle, balance sheet reduction has not stopped, the external financial environment is not good, and the real economy is average.

The classic way to survive is the end of bears and the beginning of bulls. Fixed investment and average price is the way to go.

Today’s highlights and this week’s views: This week’s views surged higher and fell sharply.

Let’s see if the market can rise above 37,000 and then reach 38,000 or even higher. The callback will first look at 33,600-32,800.

Today, the two pie will see whether it can break through 2200 and reach 2300. The support below will see 2000. The article is a personal opinion and does not constitute investment advice.