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Morning Thoughts on 9.11
After breaking the downward trend, it has continued to stabilize above the trend line; the upward trend line has been touched multiple times without effectively breaking down, showing a strong overall trend that clearly rejects pullbacks, with the bottom gradually rising.
The current bottom layout window is drawing to a close. Later, we will see the release of significant data, which, combined with the current market rhythm, is highly likely to pave the way for subsequent interest rate cuts. The final performance may be below expectations.
The range of Bitcoin is between 113000 and 113500, looking towards around 115500.
The two pancakes are back in the 4330-4350 range, looking towards around 4450 #美联储降息预期