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Interest rate cuts are imminent. How should we position ourselves?
There are only 3 days left until the interest rate cut. Currently, the entire cryptocurrency market is still relatively strong before the announcement of the rate cut, but the strategy remains the same as yesterday. First, look to buy on dips. Today's market is about 200 dollars away from the key position of 1145 mentioned yesterday. Those who understand the structural reversal pattern should be able to enter.
It is not recommended to look for positions to short at the moment (. Refer to yesterday's strategy ).
The resistance at 1171 is still valid. If you have long positions at 1171, you must reduce your holdings in time to prevent profit retracement if it cannot break through and stabilize above. If it breaks through and stabilizes above 1171, look towards 12+. The overall idea is like this, with no significant changes; refer to yesterday's strategy, which remains the same.
Going out in the afternoon to look at furniture, the new company will start soon, and I will keep updating the progress.