Regarding this round of gains, many people are asking: Weren’t interest rates raised? How could the market rise so much despite the negative news? Some say it’s because a China–U.S. meeting would be bullish, while others say the bull market is back! Qingyao already explained the rise on the day of the Fed meeting: in this kind of scenario, those who were going to sell have already sold, and institutions have already filled their bags—who else would they dump on? That’s why, when the rebound reached around 760, we began reminding everyone not to blindly chase in one direction! There are opportunities for both longs and shorts! Today, the original plan was to first catch the pullback and then go long! We also gave everyone the strategy in advance this afternoon, but unfortunately, things did not go as planned and the market pumped directly! Since we’re here, let’s make the best of it! Shorts, wait patiently!
As for the technical structure, we won’t discuss the short term. A bullish trend is inevitable, but not now! Let’s look at the monthly chart! September is only a transition period; the real bullish trend will come in October! Therefore, whether this rebound is driven by news or technical factors, it will only be short-lived! September’s 818–836 range offers opportunities for long-term shorts. Trend traders must remember to manage their position size properly. For those trading short term, don’t be stubborn—if you’re using leverage, make sure to set stop-losses and maintain proper defenses! Long-term traders don’t need to overextend their expectations this month; a 3,800–6,000-point range is enough. Keep ETH-sector positions light and proceed accordingly! #美股AI概念股全线反弹 #美国众院推动比特币储备立法 #Gate广场中秋团圆局 $BTC $ETH $SOL