Core Logic QT ends to ease liquidity pressure, focusing on the signals from the December Federal Reserve meeting.
With the increasing probability of interest rate cuts in December, this rebound will become more and more obvious. As long as 85300 does not break, our overall thinking remains focused on a pullback to see a rise!
If it holds steady at 102000, it will likely open upward. !!! Suggestion: Enter the market with a light position one week before the Federal Reserve meeting to avoid liquidation caused by large fluctuations.
The long-term target is 105000-110000, and in the short term, we first look at 95000. The end of the month has arrived, and I am preparing for the arrival of a new round of increases. It is not yet time to throw away my long positions and turn to short. This is my view on the future trend, waiting for the results to verify!
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BTC December medium to long term layout
Core Logic
QT ends to ease liquidity pressure, focusing on the signals from the December Federal Reserve meeting.
With the increasing probability of interest rate cuts in December, this rebound will become more and more obvious. As long as 85300 does not break, our overall thinking remains focused on a pullback to see a rise!
If it holds steady at 102000, it will likely open upward.
!!! Suggestion: Enter the market with a light position one week before the Federal Reserve meeting to avoid liquidation caused by large fluctuations.
The long-term target is 105000-110000, and in the short term, we first look at 95000.
The end of the month has arrived, and I am preparing for the arrival of a new round of increases. It is not yet time to throw away my long positions and turn to short. This is my view on the future trend, waiting for the results to verify!