Good evening, brothers!
I've been feeling drowsy all day today,
The boss has a cold,
So I'm not in a very good mood,
Hope everyone is doing well.
The market trading today seems okay,
When making money, everything feels like you're a stock god,
Does anyone else feel this way?
……
Wall Street expects that the U.S. CPI inflation to be announced tonight will remain strong for the third consecutive month, which will cast a shadow over the Federal Reserve's interest rate cut prospects in the coming months.
At 21:30 Beijing time on Wednesday, the U.S. Bureau of Labor Statistics will release the October CPI data. The market generally expects:
October CPI to rise 2.6% year-on-year, an increase of 0.2 percentage points from the previous month's 2.4%, marking the highest record in three months, with a month-on-month change of 0.2% unchanged from the previous value.
BTC: On the 4-hour level, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains strong.
On the daily level, the price continues to stay above the support of the moving averages, and the price trend remains strong.
In summary, support level at 87400, resistance level at 88000.
ETH: On the 4-hour level, the price has broken below the middle band of the Bollinger Bands, and the price trend is relatively weak. Currently, the price continues to oscillate and stabilize above the lower band of the Bollinger Bands, with a support level at 3170 and a resistance level at 3200.
LTC: The price continues to stay near the lower band of the Bollinger Bands, and the price is still mainly oscillating and stabilizing, with a support level at 72 and a resistance level at 75.
BCH: The price continues to stay near the lower band of the Bollinger Bands, and the price trend remains weak, with a support level at 400 and a resistance level at 420.
That's all for now, good night!
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