Bitcoin experienced fluctuations in the morning due to various market news factors, with statements made by Trump and expectations of interest rate cuts in the market. Influenced by these factors, institutions took advantage of the news to drive up prices, and Bitcoin once again reached a new high, peaking around 106600 at 8 AM on both the daily and weekly charts.
The last 'Super Central Bank Week' of the year has arrived. This week, central banks from major countries such as the Federal Reserve, Bank of Japan, and Bank of England will hold their final monetary policy meetings of the year. According to the current market consensus, the Federal Reserve is expected to continue implementing interest rate cuts, the Bank of Japan may pause its rate hike process, and the Bank of England is likely to maintain its existing policies. However, most central banks in Europe and Asia will follow the Federal Reserve's lead to implement interest rate cuts.
Bitcoin Trading Strategy:
Go long when the price retraces to around 103500 - 103800, with a stop loss set at 600 points and a target price at around 105800 - 106200.
Ethereum Trading Strategy:
Go long around 3890 - 3920, with a stop loss set at 40 points and a target price of 4030.
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