Inflation is rising instead of falling, but the October rate hike should not be rushed! BTC and ETH outlook for 10/15

Daly stressed that there is no need to create a sense of urgency. Goolsbee also advocated waiting for more data, while Bowman said there is still time to observe financial conditions after the latest rate hike. After the CPI release, the probability of an October rate hike briefly rose to 55%, then fell back to around 33%. The firm bearish outlook has once again been validated. Following BTC brought more than 2,000 points, and ETH over 100 points. Follow along and enjoy the big gains!

The daily chart has shifted between bullish and bearish candles: it cannot rise, but it has not broken down either. However, prices are moving near the lower band, and the Bollinger Bands have also opened significantly. With the rebound lacking strength, the news and data indicate that the probability of a further decline is clearly higher, so the intraday strategy remains primarily to short on rebounds!

10/15 short strategy:

Short BTC again on a rebound to 82,500–83,000; conservative traders can enter at 83,500–84,000, with risk control around 85,000. Target 81,500–81,000; if that level breaks, look toward 80,500–80k. If it continues to break down, move the stop-loss to lock in profits as appropriate!

Short ETH again on a rebound to 2,470–2,500; conservative traders can enter at 2,530–2,560, with risk control around 2,600. Target 2,430–2,400; if that level breaks, look toward 2,370–2,350. If it continues to break down, move the stop-loss to lock in profits as appropriate!

I still maintain that the international situation is bearish, and the midterm elections are also a major risk. Therefore, the firm bearish outlook remains unchanged. Those with positions and patience can enter in multiple batches; just wait to enjoy the big gains! If you have trouble timing your trades, use my invitation code to save on fees and receive timely review alerts! #美国9月CPI超预期