Ethereum upgrade on the 7th, Federal Reserve interest rate decision in the early morning of the 8th, everyone in the crypto world is eagerly waiting, but judging from the current situation, it is likely to disappoint everyone, which is normal. Looking back at this so-called bull market, when was it not a disappointment in hope? How could news known to the whole world possibly turn into a benefit for us?
Currently, the daily MACD for $BTC has formed a death cross ❌ above the zero axis, which is a dangerous signal. My personal view has not changed; the market will have a deep correction. If Bitcoin falls below the lower box of the daily line around 92,000, it will be dangerous. Pay attention to $ETH around 1,720.
The current strategy is to focus on short positions in the short term. It always stumbles when rising, but falls smoothly like water. Besides short-term trades, it is recommended to allocate most funds to dollar-cost averaging, choosing only $BTC, $ETF, $SOL, and avoiding other targets. Be defensive, and what awaits you is to secure your profits!
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