At 2 a.m. today (the 18th), the results of the September interest rate meeting will be announced.
Regarding the interest rate cut, whether the market goes up or down is a matter of debate. Let's look at the subtle clues from the market to see the subsequent direction.
Bitcoin daily chart: Currently, the market is operating within the pipeline.
1. The high and low points are continuously rising, indicating that the bulls are stronger.
2. Comparing the two pullbacks, the bearish volume is decreasing, and the second wave is still far from the lower edge line, indicating that the bears are weakening, and the bulls are stronger.
3. The strength of the bulls is continuously exerting pressure, the market is running in the upper Bollinger band, and there are signs of opening, indicating that the bulls are stronger.
From the daily chart of Bitcoin, it is clear that the bulls are dominant overall, indicating that the probability of a subsequent rise is greater.
Ethereum daily chart: Currently, the overall market is in a fluctuation trend.
1. In the fluctuation zone, there are 3 waves of retracement, and the bears are gradually decreasing in volume, indicating that the bears are weakening.
2. The second wave of retracement did not break the low point of the first wave; both the high point and low point are rising, indicating that the bulls are getting stronger.
3. The retracement amplitude is gradually narrowing, with small candles, which is a sign that a change is about to happen.
Combining the clues above, in the fluctuation zone, the bulls are stronger than the bears, so the probability of a subsequent rise is greater than a drop.
The main players are all large funds; they cannot wait until the moment the news comes out to lay out their plans.
Rather, they are clear about the next direction in advance, through long-term layout, and with the news coming out at that moment, there will be actions.
On the contrary, many friends in the market, when Ethereum fell to $4200, wanted to wait for it to drop to $3800.
When Ethereum rises to $4500, I want to wait for $4200.
When BTC rises wildly, only focusing on why Ethereum hasn't dropped significantly, looking down on low-priced Ethereum chips.
Now focusing on Ethereum, yet looking down on various valuable b types, only hoping that Ethereum will return to $2000, $3000, and definitely putting all in.
Think carefully, do you have such behaviors and thoughts?
The information and resources of the main players are known in advance, so their layout actions are also ahead of time.
To prevent retail investors from competing for chips with themselves, they will also use various news and market trends to scare retail investors into cutting losses and giving up their chips.
If you cannot determine the true intentions of the main players through the market, and only guess the market trends according to your own imagination, tragedies will repeat themselves time and time again.
Just like many friends lament: entering the web.3 industry, they have only experienced rushing for rice and have never experienced making rice or picking rice.
I often think that on the stage of the global financial market, the personal power of retail investors is really, really too small.
Learn how to leverage the power of professional platforms to protect yourself and increase your winning probability; in any industry, there are definitely more professional people than yourself.
Only by being willing to face one's own shortcomings and being humble can one elevate oneself to the next level.
