Wall Street community live broadcast: Daily level support has never fallen below, is there a bullish trend?

Click on the link to enter the meeting: https://meeting.tencent.com/p/7277739262 The live broadcast room had already predicted the downward trend last night, so it is easy to grasp both yesterday's decline and today's rise. So, how do we view the current market situation from a news perspective? The following are the points: 1. Macroeconomics: The Federal Reserve cut interest rates by another 25 basis points on October 29th, but Chairman Powell stated that it is "far from certain" whether to continue cutting rates in December. 2. Tokenization has become a hot topic: In addition to JPMorgan Chase, Standard Chartered Bank predicts that the scale of real-world asset (RWA) tokenization may reach $2 trillion by 2028, and believes that Ethereum may become its main underlying network. This demonstrates the enormous potential of blockchain technology in the traditional financial field. Short term: Market sentiment is dominated by uncertainty in the Federal Reserve's monetary policy and unexpected events such as Mt. Gox repayments, and fluctuations may persist. In the medium to long term, the continuous entry of traditional financial institutions and the exploration of regulatory frameworks for digital currencies by various countries are laying the foundation for the healthy development of the industry. So how should we refer to the technical aspect and how to use the indicators well? The live broadcast room is explaining Tencent Meeting Live: 727-773-9262 QQ group number: 936313157 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.