Good evening, brothers!
How to hold a hoe? How to use a sickle?
How to till the soil? How to weed?
Though my body is no longer diligent, I can still distinguish the grains,
As a child, I extremely hated the endless farm work,
Now, holding a small shovel, I mistakenly think I can be a farmer…
Perhaps I later understood more and more,
We are increasingly obsessed with imagination while lacking action,
The land does not deceive; if you give it time, it will give you answers.
Just like market trading,
You can think of it as farming,
When the market declines, it's the time to sow and buy,
When the market rises, it's the time to harvest and take profits,
Trading is that simple,
Nothing more.
……
Morgan Stanley believes that the market's panic over a U.S. recession is likely exaggerated, and the real economic slowdown has not yet fully manifested.
Last week, the Federal Reserve announced its latest interest rate decision, and the dot plot basically aligns with its economists' expectations for
a slowdown in growth and a strengthening of inflation.
Morgan Stanley believes the market's judgment on the U.S. economic slowdown is correct, but the reasoning may be flawed. The real economic slowdown has not yet fully appeared in hard data.
BTC: On the 4-hour level, the price is above the upper Bollinger band, showing strong price movement, with short-term conditions being overbought and a need for price correction.
On the daily level, the price has broken through the moving average resistance, with the short-term trend looking positive.
In summary, support level at 87600, resistance level at 88000.
ETH: On the 4-hour level, the price is above the upper Bollinger band, showing strong price movement, with support at 2080 and resistance at 3110.
LTC: The price has rebounded near the upper Bollinger band, showing strong price movement, with short-term conditions being overbought and a need for price correction, support at 92, resistance at 95.
BCH: The price continues to stay above the middle Bollinger band, with a healthy price trend, support at 320, resistance at 340.
That's all for now, good night!
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