Ethereum BTC big ups and downs? It turns around faster than flipping a book, after last night's big dump, today it exploded in a pump, the truth + quick look at tonight's market preview!



1. Last night, the Federal Reserve's minutes were hawkish: most officials opposed a rate cut in December, with the probability of a rate cut plummeting to 27%, causing BTC to drop directly to 88,000, putting pressure on US stocks simultaneously;
2. This morning's Nvidia earnings report ignited the market: better-than-expected news shattered the AI bubble theory, with Nasdaq soaring nearly 2% in pre-market, and BTC following suit to the 93,000 neckline.

Tonight's key point: The U.S. Labor Department will release unemployment and employment data at 9:30! The market expects the figures to be in line with previous values, but there is a general speculation that the data may slightly weaken (a slight increase in unemployment rate and a slight decrease in employment numbers), which will pressure the Federal Reserve to cut interest rates—currently, there are strong positive expectations, and BTC has already surged ahead. If the data comes in as expected, it is likely to challenge the strong resistance at 95,000!

Regarding ETH: it just can’t seem to strengthen, maintaining a weak state, and last night it fell to 2870, hitting the bottom precisely. For those who haven’t entered the market, don’t rush; after the rebound, there may be a second opportunity to test the bottom. The current focus is on tonight’s employment data! The results will be synchronized at 9:30, so remember to pay attention and stay updated with real-time dynamics~

Playing with the wave layout starts tonight. For the dreamers whose dreams have not yet come true, I can give you a helping hand. Short-term starting point 5k-1w, wave starting point 3w-5w, long-term starting point 10w-20w, looking for opportunities in the fluctuations. #美联储会议纪要将公布
ETH0.56%
BTC0.04%
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