Follow the latest trends in the world of cryptocurrencies and take advantage of the best trading opportunities. Today is Thursday, January 9, 2025, I am Wang Yi Bo! Good morning to all cryptocurrency enthusiasts ☀ hardcore fan check-in 👍 I like it, to make a lot of money 🍗🍗🌹🌹


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The three major US stock exchanges closed mixed overnight, with the Nasdaq falling 0.06%, the S&P 500 rising 0.16%, and the Dow Jones rising 0.25%. Chip stocks fell, with AMD falling more than 4%, Micron and TSMC falling more than 2%. Gold stocks rose, with Goldcorp and Barrick Gold rising more than 4%. The minutes of the Federal Reserve meeting in the early morning further indicated that officials are willing to keep interest rates unchanged at the next meeting at the end of this month. The meeting minutes indicated: 'Participants noted that the Committee is at or near an appropriate level of slowing the pace of policy expansion. Officials believe that, given their current outlook on economic activity, the Federal Reserve could continue to lower rates at a slower pace than in recent months. As for the cryptocurrency market, although it is weak in the short term, the opinion at midnight yesterday is still that a one-way movement is unlikely, and it is more likely to continue oscillating in a wide range. The upcoming Trump presidency will be a positive factor that will inevitably drive up the price of cryptocurrencies. Before that, as I mentioned earlier, the main players will continue to wash the market so that those who hesitate do not dare to get on the train. The usual tactic remains valid: buy on long-term pullbacks and make short-term trades when favorable.'
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The bit continues to fall, reaching a low of 92466 in the early morning before recovering and returning to the 95000 line. The price of the coin found some support after touching the lower band of the daily line, followed by a rebound. It is evident that the support has not been broken, so it is necessary to pay attention to the market rebound. So far, there has been no significant one-sided trend, so the market will not fall constantly or rise constantly. Similarly, on the 4-hour candle chart, a long candle with a lower shadow is observed, followed by a rapid rebound after stopping the fall, confirming that the support remains quite strong. This corrective rebound occurs after the support of the lower band of the daily line. Pay attention to the pressure test situation on the 96200-97500 line, and continue with the high short positioning strategy.
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Recently, ether has been increasingly active following the trend of Bitcoin. During the overnight session, it fell to a minimum of 3206 following the general market decline, but then recovered. It is currently trading around 3325. From a daily trend perspective, it is easy to see that the price found support after touching the daily lower band, followed by a rebound. It is evident that the support has not been broken, so attention needs to be paid to the market rebound. Currently, there has not been a strong one-way trend. During the daytime session, attention will be paid to pressure testing at the 3420 level. If it is not broken, the short position strategy will continue to be implemented.
EL4.18%
ME2.35%
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