UK April Industrial Output MoM

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Track real-time hot spots in the currency circle and seize the best trading opportunities. Today is Thursday, September 7, 2023. Welcome to follow Yibo Coin Talk, I am Yibo! We are not predicting transactions. We are actually observing market fluctuations (constriction, diffusion), structure (market batch structure), sentiment (external markets, US stocks, US dollars, etc.). As a trader, you (through trading) are influencing At the same time as price, price also serves as a factor to affect your (emotions and behaviors). The U.S. non-manufacturing PMI unexpectedly strengthened again in August, the PMI is the purchasing managers index, the most popular economic indicator. The strength of the U.S. non-manufacturing PMI once again illustrates the endurance of the U.S. economy. This data alone can be seen that the U.S. economy has not declined but has strengthened. Nonwovens account for two-thirds or more of the total U.S. economy, and the strengthening PMI of non-manufacturing industries represents the people's spending power in non-manufacturing industries, and also shows that the American people have the ability to consume. And this kind of economic benefit will cause the intensified tension between supply and demand in the market, leading to rising inflation. The current attitude of the Federal Reserve is that it will not give up until it suppresses inflation to 2%. The rise in non-manufacturing data will bring greater excuses and possibilities for the Federal Reserve to raise interest rates in the next few months. The current trend of the US stock market and the trend of the BTC market have been clearly felt. The market is pricing in sentiment ahead of time. One of the reasons for this situation is that the rapid rise in wages due to the decline in the labor force in the United States has begun to gradually ease, and the second is the sluggish manufacturing industry due to the decline in the labor force, which has once again suspended interest rate hikes this month. , for the current continuous oscillation of the ether, many people are in a state of anxiety. They don’t know how to start, regardless of whether they are long or short. First, we need to distinguish the structural points at the current stage, where the support and resistance are, so that we can continue to move around a small range. Short-term accumulation, finding the upper and lower nodes is mainly to lead a good defense. The continuous long and short shocks will definitely lead to a unilateral wave every week or two. Before the big market comes out, the short-term can be seen every day. After the defense, or follow the trend, the points are currently mainly Carry out around these two steps of thinking. ETH morning trading plan on September 7: Review: The market trend during the day was still relatively weak, and it continued to fluctuate within the box. There was basically no fluctuation during the day. However, in the early morning, there was a wave of up and down pin prices, with the lowest touching the 1608 line, and then the highest pin level reached 1670 during the session. On the first line, it has recovered to around 1630 and fluctuated. As can be seen from the four-hour chart, the technical structure has not changed much. The sideways movement is still continuing. What changes is only the current oscillatory operation point. The short-term news sentiment does not allow the bulls to find an effective space above. , and after the fall, there was no corresponding correction, but the steps to stand at the low level. In the short term, we still need to pay attention to the upper 1750-1780 range. This is still the watershed in the near future. There is no need to emphasize too much on the lower points that need to be paid attention to. , the bears are gradually testing them step by step. Judging from the one-hour technical indicator chart, the price rebounded after rising high and then recovered. The running channel formed a state of shock consolidation and upward recovery. The short position can turn from real to virtual. The moving average moved downward to release space to build a bottom and consolidate, showing signs of upward trend. Although there is no major impact in terms of strength, the overall ether has no volume and the space is limited. The focus is to focus on the pressure level near 1650 during the day and choose to enter the market at high altitude! Operational suggestions: 1645-1665 area to pass the ball, target 1620-1600, defense 1680! BTC morning trading plan on September 7: Review: It still fluctuated in a narrow range during the day. It dropped all the way to 25350 in the evening and then quickly inserted the pin upwards. It rebounded to a high of 26000 and then quickly fell and fluctuated around 25700. From the four-hour line, it was still in a narrow range. The trend of Bollinger Bands is narrowing in parallel. The trend is still in a strong state of shorts. The rebound of bulls has no momentum and has never been able to break through the middle rail. Every time, it is under pressure at the middle rail and is suppressed by shorts. The current red energy column of bulls After a slight rebound, and also during the gradual shrinkage, the three lines of the Kdj indicator coincided with a dead cross downward signal. Looking from the hourly line, the currency price also fell sharply after the upper pin hit the track. Currently, the short sellers are also relying on the mid-track to gradually test downward again, and the green energy column of the airdrop is also increasing. In terms of technical structure, the daily line closed the doji again at a low level, but the intersection of the 5-day and 10-day moving averages is developing downwards. The daily line cannot rebound and break the 20-day moving average. It may be difficult to form a strong rebound space in the future. Short-term structure , relatively speaking, it is a little retracement. The pressure is 26200-26500, mainly at high altitude. Operational suggestions: 25850-26000 area indirect space, target 25500-25300, defense 26500! Some recent altcoin trading plans: CFX: Blockchain technology is being adopted by the Shanghai government. The hard fork on September 9th is worthy of attention due to the turbulent news and favorable blessings. IDEX: The public testnet and mainnet are about to be launched. After adjusting for a while, it’s time to make a move. MATIC: The bottom is slowly rising, and it is trying to break through the front low support in the descending channel. It is expected that there will be a wave of rising. ARB, OP: There will be a huge amount of unlocks next year, and the upcoming Cancun upgrade may reach a new high. ORDI: There have been recent meetings and good news in September. It looks like a double bottom. TRB's slow upward trend has seen a short-term retracement, and there is some support. Stable companies can consider short positions. #Content Star#

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Trump and Musk's dispute over economic policies has triggered market turbulence, resulting in nearly $1 billion in liquidations in the crypto market. The stock price of the electric vehicle company has fallen sharply, Musk's personal wealth has shrunk, and the stock price of Trump's media company has declined. Bitcoin's price is fluctuating wildly, and investors are cautiously optimistic about future performance, while some analysts still view the long-term potential of crypto assets positively.