📝 Review:In the early hours of Thursday, after the Federal Reserve announced a 25 basis point interest rate cut, the U.S. dollar index briefly plunged. However, during the subsequent press conference, Powell referred to it as a "risk management" rate cut, causing the dollar index to rebound and reclaim the 97 mark, ultimately closing up 0.37% at 97.02. The benchmark 10-year U.S. Treasury yield closed at 4.0850%, while the policy-sensitive 2-year U.S. Treasury yield ended at 3.5720%.

USD/JPY 146.840  Sell  Target Price  145.834

📝 Review:Spot gold fell sharply after hitting a new high, dragged down by the rebound of the US dollar, once touching $3,650, and finally closed down 0.83% at $3,658.86 per ounce; spot silver finally closed down 2.01% at $41.65 per ounce.

Gold 3669.88  Buy  Target Price  3705.85

📝 Review:Crude oil prices ended a three-day rally as investors assessed the latest U.S. inventory report and the Federal Reserve warned of cracks in the U.S. labor market. WTI crude fell 0.90% to settle at $63.96 per barrel, while Brent crude ultimately closed down 0.85% at $67.92 per barrel.

WTI Crude Oil 63.739  Buy  Target Price  64.981

📝 Review:The three major U.S. stock indices closed mixed, with the Dow up 0.57%, the S&P 500 down 0.1%, and the Nasdaq down 0.33%. Some chip stocks declined, with Broadcom (AVGO.O) down 3.8%, NVIDIA (NVDA.O) down 2.6%, and Intel (INTC.O) down 1.4%. The Nasdaq Golden Dragon China Index closed up 2.85%, with Baidu (BIDU.O) up 11% and Alibaba (BABA.N) up over 2%.

Nasdaq 100 24336.650  Buy  Target Price  24450.808

📝 Review:From last night to today, Bitcoin oscillated upward, supported by the Fed's 25 basis point rate cut and expectations of two more cuts within the year. The price broke through the $116,000 resistance level, reaching a high of $116,510 (up 0.87% in 24 hours). On the news front, Bitcoin ETF net inflows hit a new high since July last week. BlackRock's holdings exceeded 750,000 coins (market value of $85 billion), providing resilience, but the divergence in U.S. tech stocks limited gains. Technically, the daily chart shows a bullish engulfing pattern, and the 4-hour Bollinger Bands broke through the upper band with an upward opening. However, the MACD red bars shortened, and the RSI near the overbought zone indicates weakening momentum. Key support is at $115,500, with resistance looking toward $118,000. Be cautious of the risk of a pullback after the policy is implemented.

BitCoin 116387.5  Sell  Target Price  114398.8