#SERO #SERO Yesterday, the Central Bank of Canada cut interest rates by 50 basis points! Today, the Central Bank of Switzerland also cut interest rates by 50 basis points! The European Central Bank will announce its interest rate decision at 21:15 on December 12th Beijing time, with two possible changes in its deposit facility interest rate. Most analysts expect the European Central Bank to cut interest rates by 25 basis points, which would bring the deposit facility interest rate to 3%. However, analysts at JPMorgan believe that the European Central Bank will cut interest rates by 50 basis points, citing recent data showing a rise in the economy and softening inflation. How will the Fed play on December 19th? Will it also cut interest rates by 50 basis points? Based on the current market expectations, it seems almost certain that the Fed will cut interest rates by 25 basis points on December 19th! Therefore, if there is an unexpected turn of events, it is likely that the Fed will cut interest rates by 50 basis points!


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After Bitcoin's large opening and closing trend yesterday, it is highly probable that it will maintain a trend of slight oscillation and repair. The intraday range may be compressed between 100300-101300. On the hourly chart, after continuous oscillation, it is gradually starting to break out of a narrow range of oscillation, and the technical pattern is also gradually repairing. The K-line is slowly standing on the short-term moving average, indicating that there is still some room for rebound in the short-term trend. Focus on the previous resistance zone on the 4-hour chart during the day.
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Ether then broke out of the trend of catching up. After bottoming out around 3795, it showed strong rebound strength, rising all the way until it reached around 3944 before stopping its upward momentum. Taking into account the current hourly chart, the market retraced and rebounded with support from the middle track, and the middle track continued its upward trend. However, the Bollinger Bands have opened up, indicating a strong one-sided trend in the short term. For short-term operations, it is still advisable to approach it from a high-level testing perspective. The upward trend line of the coin price continues to rise, so we should still adopt a bullish approach in the short term.
BTC-0,91%
ETH-2,4%
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