October 31, 2024 There are only 5 days left until the US election. Today's article will systematically analyze the US election system and help you understand how the US president is born. The U.S. presidential election system is different from that of most countries. The United States elects its president through a unique electoral college system. (1) Electoral College System The president of the United States is not elected directly. Instead, the people vote to decide which president the state will support. Then the state's "electoral college" will collectively vote for the corresponding president. There is a so-called winner-takes-all system. Then, whichever candidate from the two parties gets the most "electoral college" votes will become the president of the United States.
Today is the weekend, and it is expected to consolidate today and tomorrow. Small-level ups and downs will drive large-level wide sideways fluctuations! Today's market analysis: $BTC Cake pays attention to the position of 60180 today. If it falls below, the 1-hour level will start to pull back. Pay attention to the support level below 59500-58900! As long as the 4-hour level does not fall below 58900 today, the 4-hour level is still on the long side, and a small-level pullback will still go up. Pay attention to the upper target/pressure level near 61140-61780-62777 $ETH Ether pays attention to the position of 2428 today. If it falls below, the 1-hour level will start to pull back. Pay attention to the support level below 2405-2383! As long as the 4-hour level does not fall below 2383 today, the 4-hour level is still on the long side, and a small-level pullback will still go up. Pay attention to the upper target/pressure level near 2465-2490-2515! Today's market analysis: $BTC pay attention to the 60180 position today. If it falls below, the 1-hour level will start to pull back. Pay attention to the support level below 59500-58900! As long as the 4-hour level does not fall below 58900 today, the 4-hour level is still on the bullish side. A small-level pullback will still go up. Pay attention to the upper target/pressure level around 61140-61780-62777 $ETH pay attention to the 2428 position today. If it falls below, the 1-hour level will start to pull back. Pay attention to the support level below 2405-2383! As long as the 4-hour level does not fall below 2383 today, the 4-hour level is still on the bullish side. A small-level pullback will still go up. Pay attention to the upper target/pressure level around 2465-2490-2515!
The importance of cutting-edge information and timely judgment to making money in entrepreneurship In many cases, due to various reasons, most people cannot obtain effective cutting-edge information and make timely judgments on whether the information is helpful to them. This may be due to family environment, educational background, work experience, life experience, cognitive level, analytical ability, courage, execution, etc. By absorbing cutting-edge information and applying judgment to making money, and giving full play to your subjective initiative, you will reap unexpected rewards. Let me give you an example so you can understand this.
The importance of cutting-edge information and timely judgment to making money in entrepreneurship
The importance of cutting-edge information and timely judgment to making money in entrepreneurship In many cases, due to various reasons, most people cannot obtain effective cutting-edge information and make timely judgments on whether the information is helpful to them. This may be due to family environment, educational background, work experience, life experience, cognitive level, analytical ability, courage, execution, etc. By absorbing cutting-edge information and applying judgment to making money, and giving full play to your subjective initiative, you will reap unexpected rewards. Let me give you an example so you can understand this.
The importance of cutting-edge information and timely judgment to making money in entrepreneurship
The importance of cutting-edge information and timely judgment to making money in entrepreneurship In many cases, due to various reasons, most people cannot obtain effective cutting-edge information and make timely judgments on whether the information is helpful to them. This may be due to family environment, educational background, work experience, life experience, cognitive level, analytical ability, courage, execution, etc. By absorbing cutting-edge information and applying judgment to making money, and giving full play to your subjective initiative, you will reap unexpected rewards. Let me give you an example so you can understand this.
Why are people talking about interest rate cuts? During World War II, the United States was not eroded by the war and developed industry here. After the war, the United States claimed to help countries rebuild their homes and trade with them, giving them preferential policies for transactions, but there was a very important premise that they had to settle in US dollars. This is the world monetary system - the Bretton Woods monetary system.
Since then, the US dollar system has played an increasingly important role in the process of trade between countries. After the United States established this financial and monetary system, it often took advantage of the tide of the US dollar to raise interest rates first and then lower interest rates, constantly harvesting national assets such as the economies and major assets of various countries, financial markets, etc.
Interest rate cuts are often seen as economic stimulus measures, but they are not always good news for the market. If the interest rate cut is due to inflationary pressure, this may be seen as a positive adjustment to the economy because it helps reduce borrowing costs for businesses and consumers. However, if the interest rate cut is due to an expected recession, it may be a pessimistic signal about the future economic outlook, which may cause market concerns and a drop in asset prices.
The interest rate cut will make the world's big capital withdraw funds from US banks, and then look for economic highs, objective returns or value-preserving major assets to invest in. This is why after the US interest rate cut, stock markets and major assets in various countries will usher in spring, industrial development will be good all the way, and people's income will generally increase. Similarly, Bitcoin will also rise sharply, this is the same.
In the cryptocurrency market, the price of Bitcoin and other cryptocurrencies is affected by many factors, including macroeconomic indicators, market sentiment, technological development, policy changes, etc. For example, the Fed's decision to cut interest rates may affect the value of the US dollar, and then affect the price of cryptocurrencies such as Bitcoin. The interest rate cut may increase market liquidity and theoretically increase investment in risky assets, including Bitcoin. But the actual market reaction will depend on the specific reasons for the interest rate cut, market expectations, and the overall economic situation.
Zengcheng wishes you to seize the second of the Fed's announcement at 2:00 on September 19, and prepare funds in advance. Maybe you will earn several times or hundreds of times the profit. If you want to know how to do it, you can ask me and I will give you guidance. ——Extended Range 9.8 Morning Report
Market analysis on August 19, 2024 Bitcoin weekly Pressure level around 61,500 Support level around 53,500 Bitcoin daily Pressure level around 60,500 Support level around 57,000 Ether weekly Pressure level around 2,750 Support level around 2,300 Ether daily Pressure level around 2,680 Support level around 2,500 Ethereum weekly level rebounded to EMA5 daily and began to fall. This week, EMA5 daily is still its pressure level. You can short near 2,750. The trend is still a downward trend. Don’t be afraid even if it rebounds. Rebounds are opportunities to short. Wait for the release of the Democratic Party Convention on August 20 and the PCE data on the 30th. Let the bullet fly for a while...