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👉 https://www.gate.com/announcements/articl - 🌕 Gate Square · Creator Incentive Program Day 10 Topic– #Fed Cuts Rates By 25 Bps# !
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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September 13 BTC/SOL/ETH Market Analysis: Weekend Overtime Market!
Last night, there was another rise, resulting in a small bullish line for yesterday's daily chart, which has expanded the BOLL. This morning, I checked the indicators, and there might be a surge on the weekend, so the section chief also came in to work overtime!
$BTC short-term support at 115050, if it doesn't break here, it can continue to rally. If it breaks, support can be found at 114400, with a deeper spike at 113900. However, the supervisor thinks it would be great if the upper two supports come to give us a chance to enter. The daily resistance above is at 117900 and 118700. For those pursuing small stop losses on short positions, you can try here at 118700.
$SOL short-term support at 238, if this level holds, it can continue to rise; if it breaks, the next support is at 235. The daily resistance above remains unchanged at 252, and a strong push could challenge the resistance at 272. A deeper pullback here would be at the support level of 231. However, if you're working overtime on the weekend, just pay attention to the first two support levels.
The support for $ETH today is at the levels of 4585 and 4540. The daily resistance above is 4830-4870. It is recommended to try a small stop-loss short position at 4870.
In summary, there may be a weekend situation where there is overtime upward movement in the market, so try to find the support levels mentioned above. Betting on the market's overtime upward trend here has a higher probability of success than waiting for a pullback at this level. (Follow the section chief for daily updates on market analysis and precise pin points. The long and short positions are for B friends' reference only, with strict stop-loss and take-profit measures. #ETH# #BTC#