Dabai's view on the market today; Dabai's ideas are for reference only, you can combine your own ideas to carry out relevant operations!
Technical analysis is difficult to judge the current trend of the market, and the news is affecting the market. From the four-hour market trend, since the last big crash, BTC has been hovering around 26800-26300, and ETH has been 1700-1570. It is very difficult to break through the rise and fall, and it is a pattern of inserting one needle up and one needle down!
There will be a speech by Bao tonight. Every speech from Bao has a significant impact on the financial circle.
The domestic economy of the United States has not been optimistic. If inflation does not meet expectations, the United States will be very keen on raising interest rates and raising interest rates to control the economy.
Tonight, everyone can pay more attention to the results of Bao's speech to see what policies the United States will propose. Of course, many people hope that it is a favorable policy. The market has really fallen recently. However, Dabai thinks that raising interest rates will always be part of the Fed's consideration!
Dabai's current suggestion is to short at high levels.
Of course, you can also buy more when the callback is very low, and take the profit of the rebound after the plunge!
BTC four-hour level, the upper pressure position is around 26700-26500! The lower support position is around 25600-25400
ETH four-hour level, the upper pressure position is around 1700-1720! The lower support position is around 1610-1590
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