Bull market atmosphere! 20241025

CN
1 month ago

Good evening, brothers!

It's Friday, the weekend is here, and there's a pleasant anticipation…

The autumn in Jiangnan is just right,

The leaves are still deep green with hints of yellow,

Under the clear blue sky,

The "flowers" of the Chinese sumac are particularly dazzling!

One can't help but sing and walk along with the wind of time…

Originally, the plan was like this,

My sister is back today,

And her mother-in-law came over to play yesterday,

But today mom is not feeling well,

So the plan to go out this weekend might be postponed,

The eldest also has a bit of a runny nose,

I've already prepared the cold medicine,

Hope everyone gets better soon.

Have a great weekend!

……

After the Federal Reserve's significant rate cut of 50 basis points in September, many residents expected mortgage rates to follow suit and decrease, but instead, mortgage rates have risen.

This week, the average rate for a 30-year mortgage in the U.S. increased from last week's 6.44% to 6.54%, reaching the highest level in nearly three months, and it has risen for four consecutive weeks. According to Mortgage News Daily, on October 23, the aforementioned loan rate even climbed to 6.92%, approaching the 7% high.

BTC: On the 4-hour level, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy.

On the daily level, the price continues to stay above the support of the moving averages.

In summary, the support level is 67800, and the resistance level is 68300.

ETH: On the 4-hour level, the price rebounded after dipping to the lower band of the Bollinger Bands, but the rebound did not break through the middle band, and the price trend remains weak, with a support level of 2530 and a resistance level of 2560.

LTC: The price continues to stay near the upper band of the Bollinger Bands, and the price trend remains healthy, with a support level of 70 and a resistance level of 73.

BCH: The price continues to stay near the upper band of the Bollinger Bands, and the price trend remains healthy, with a support level of 360 and a resistance level of 380.

That's all for now, good night!

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