September 24

Overnight, signs of spillover from the Russia-Ukraine situation led by the United States have emerged, and Poland's recent heat has turned the risk of an armed conflict into a potential reality. As a result, crude oil has fallen, and gold is approaching 3800; isn't this unstable situation a reflection of the economic environment's spillover? Berkshire Hathaway's liquidation may be a response to Powell's remarks. Powell's decision to cut interest rates, as seen from his early morning comments, indicates that he actually lacks confidence and is aware of the edge of risk. He mentioned that the stock market's value is too high, which suppresses the stock market's upward momentum! Next, the inflation data will be presented, and we need to pay attention to this economic environment characterized by high unemployment and rising inflation diverging; whether the benefits of interest rate cuts have already been priced in or if there are other reasons becomes key in influencing capital choices. As a result, Bitcoin and Ethereum are experiencing fluctuations.
Technically: The structural pressure remains critical, with the 124590 structure currently in effect. Central resistance: 115770-119900. The northward structure at 107200 is expected to end with the breakdown of 118000. The 4-hour range of 113300-111500 has been fluctuating, and this release is expected to continue the southward breakdown trend. A golden cross is anticipated to form below the zero axis of the MACD fast and slow lines. The momentum bars are starting to shrink.
Test Sweep:
Around 111700 for more, stop loss: 111300, direct sale: 113000-113500
The area near 113500 is empty, stop loss: 113800, direct sales: 105000-107000-109000-111500
Technically: The formation of the 4768 structure, the short-term demand trend for southward movement needs to be noted, with breakout points at 4715-4640; structural positions are at 4060-4000. This shows that the gateway for southward movement is open, and attention should be paid to the pressure on northward movement in the short term. The long-term pressure at 4237 and whether it will change the warming trend of northward movement also needs to be monitored, with flexible testing being essential. On the 4-hour chart, the repeated appearance of yin-yang candlesticks indicates a clear contest between bulls and bears, but the demand for testing around 4330 remains. The MACD fast line is expected to cross above the slow line below the zero axis. The momentum bars are shrinking to the zero axis.
Measuring: The emergence of structural breakouts, with increasing demand moving south; the support at 4000 still needs to be monitored as it moves north.
Buy near 4120, stop loss: 4097, direct sales: 4150-4220-4300-4400
Short position near 4220, stop loss: 4239, direct: 4100-4150

Today's data:
1. 22:00 U.S. August New Home Sales Total Annualized
2. 22:30 US EIA crude oil inventories for the week ending September 19
3. 22:30 US EIA Crude Oil Inventories for the week ending September 19
4. 22:30 U.S. EIA Strategic Petroleum Reserve Inventory for the week ending September 19
5. At 04:10 the next day, Fed's Daly delivers a speech.

Daily Reminder: Opening elixirs must come with losses; do not open elixirs without losses. September 24.
Overnight, signs of spillover from the Russia-Ukraine situation led by the United States have emerged, with Poland's recent tensions possibly turning the virtual into reality. As a result, crude oil has fallen, and gold is nearing 3800; isn't the unstable situation a spillover of the economic environment? Berkshire Hathaway's liquidation may be a response to Powell's statements. Powell's decision to cut interest rates, as evident from his remarks early in the morning, actually reveals a lack of confidence, realizing the edge of risks. He also mentioned that the stock market's value is relatively high, suppressing the stock market's upward momentum! Next, the inflation data will be released, and it is important to note this divergence of high unemployment rates and rising inflation; whether the benefits of interest rate cuts have been priced in early or if there are other reasons will be a key factor influencing capital choices. As a result, Bitcoin and altcoins are experiencing fluctuations.
Technically: The structural pressure remains key, with the 124590 structure in effect. Central resistance: 115770-119900. The northern structure at 107200 ends with the break of 118000. The 4-hour range of 113300-111500 is repeating, and the release is expected to continue a downward breakthrough trend. The MACD fast and slow lines are expected to form a golden cross below the zero axis. The momentum bars are starting to shrink.
Survey:
Near 111700 more, loss for Zhi: 111300, direct operation: 113000-113500
Around 113500 is empty, stop loss: 113800, direct sales: 105000-107000-109000-111500
Technically: The formation of the 4768 structure, the short-term southward demand trend needs attention, breaking points 4715-4640; structural positions 4060-4000. This indicates that the southward gateway is opening, and we need to pay attention to the pressure for the northward movement in the short term. The long-standing pressure at 4237, whether it will change the warmth of the northward movement, also needs to be noted that the measurement should be flexible. On the 4-hour chart, the repeated appearance of Yin and Yang candlesticks indicates a clear long-short game, but the testing demand around 4330 is still retained. The MACD fast line is expected to golden cross below the zero axis. The momentum bars have shrunk to the zero axis.
Test: The emergence of structural breaks, with increasing demand from the south; the support at 4000 still needs to be monitored for the north.
Around 4120 many, stop loss: 4097, direct sales: 4150-4220-4300-4400
Short position near 4220, stop loss: 4239, target: 4100-4150

Today's data:
1. 22:00 US August New Home Sales Total Annualized
2. 22:30 US EIA Crude Oil Inventories for the week ending September 19
3. 22:30 US EIA Crude Oil Inventories at Cushing for the week ending September 19
4. 22:30 US EIA Strategic Petroleum Reserve Inventory for the week ending September 19
5. At 04:10 the next day, Fed's Daly will give a speech.