#SERO #SERO #SERO Yesterday the Central Bank of Canada cut interest rates by 50 basis points! Today the Central Bank of Switzerland cut interest rates by 50 basis points! The European Central Bank will announce the Interest Rate decision at 21:15 on December 12th Beijing time. Currently, the market expects two possible changes in its deposit facility Interest Rate. Most analysts expect the European Central Bank to cut interest rates by 25 basis points, in which case the deposit facility Interest Rate will be reduced to 3%. However, analysts at JPMorgan believe that the European Central Bank will cut interest rates by 50 basis points, as recent data show a rise in the economy and softening inflation. What will the Fed do on December 19th? Will it also cut interest rates by 50 basis points? From the current widespread market expectations, it seems almost certain that the Fed will cut interest rates by 25 basis points on December 19th! Therefore, in case of any unexpected circumstances, it is estimated that the Fed will cut interest rates by 50 basis points!


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After Bitcoin's large-scale trend yesterday, it is likely to maintain a slightly oscillating and repairing trend today, and the operating range during the day may be compressed between 100,300 and 101,300. On the hourly trend, after continuous oscillation, it gradually broke out of the narrow range of oscillation and the technical form gradually repaired. The K-line slowly stood above the short-term moving average, indicating that there may be a certain continuation and rebound space in the short-term trend. Pay attention to the previous pressure zone on the 4-hour trend during the day.
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Ether then walked out of the trend of making up for the rise. After reaching the bottom line of 3795 from the low point, it showed strong rebounding power and rose all the way, reaching the highest point of 3944 before stopping the upward trend. Combining the current hourly chart, the market retraced to support the rebound of the middle track, and the middle track continued the upward trend, but the Bollinger Bands had three lines open, and the short term had already made a strong one-way move. Short-term operation should still be treated with the idea of testing the high position. The upward trend line of the currency price continues to rise, so we still treat it with a bullish mindset in the short term.
BTC-0,18%
ETH-1,49%
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