The non-agricultural data was released yesterday, which is beneficial to the financial market. The next September interest rate cut is certain, and yesterday's data increased the probability of a 50 basis point drop.
However, the market has declined, and so will the benefits, and the downside will fall even more, which has strengthened the opinion of most people in the market that there will be a sharp decline in the future.
It is estimated that there will be a signal to stop falling in the next few days. Although it fell yesterday, I think it is fast, especially after the positive non-agricultural data came out, and it is still falling, which further shows that this is the intention of the main players.
The main force now is to follow the wishes of retail investors and let the bearish retail investors immerse themselves in the joy of their “superb analysis”. Since the trend in the past half year has already made retail investors think that it is about to fall sharply, they simply lure the bottom in the ultimate way to take advantage and continue to fall, leaving retail investors unprepared to go bearish.
Therefore, the next few days will be critical. The previous high and low points are constantly falling, but so far, no new lows have been broken. The big negative line that was closed yesterday is shrinking compared to the decline on August 5, and yesterday's negative line is undershadowed.
It shows that there is a high probability that the decline will stop at this position. Next, as long as a signal to stop falling appears and no new low is broken, breaking the trend of the previous half year, then it will enter a new phase of the bull market.
The best operation strategy for altcoins in the current coin industry!
Facing the current market situation of BTC and ETH, many retail investors and veterans know that the market has not stopped falling, the overall trend is still in a downward channel, and altcoins are making matters worse. Liquidity is poor, and there is a lot of pressure to unlock and sell coins. So what should we do in this case? Here are a few suggestions for reference.
Short-term players, with U in their hands:
1. Light warehouse band operation: You can choose a second-tier light warehouse as the band to lock down Dagong Chain, or phenomenal meme coins such as DOGE and SHIB, or other high-quality projects you are optimistic about. Run when you're done, keep USDT in your hands, and only do short-term operations!
2. Keep watching and follow the trend: If you prefer stability, you can choose to wait and see until ETH and BTC stabilize, especially when Bitcoin breaks through 60,000, then enter the market to follow the trend. At that point, altcoins will also increase to a certain extent, so it is relatively safer to operate. (Although the price of altcoins is currently low, the market has not stabilized and there are still risks.)
No matter when, there is no shortage of opportunities to skyrocket in the coin industry. The key is whether USDT is still in hand when the market hits. Treat it wisely and reject FOMO!
Will the Federal Reserve's water release rise sharply in September?
Many people have now pinned all their hopes on the Federal Reserve's release. The obvious money-making effect of this round of encryption is not as good as US stocks. Previously, everyone said that US stocks linked the pen circle, and even linked big a.
I wonder if everyone found it? It was true that the linkage was still quite strong before the pandemic, but after the epidemic, the linkage was basically not that great. It's more like everyone sneezes and each one sneezes!! Everyone basically doesn't interfere with each other, so if US stocks were another black swan, would Circle B sync? Maybe, but even if there's another black swan in ring b, it's likely that ring b will bounce the fastest. And let's just talk about it. Compared to these few markets, which market is likely to have more people entering the market in the future? So where is the trend! Sooner or later, it will come back up; it's just a matter of time.