On July 29th (Wednesday), everyone—good afternoon!
Right now, everyone is paying attention to the Federal Reserve’s interest rate decision at around 2:00 a.m. The situation is that the market is spreading news about more rate hikes everywhere. However, based on the Fed’s usual operating style, the odds are high that they will still keep interest rates unchanged—this is typically more about building up expectations and creating an atmosphere, with limited substantive action at the end.
As for the market action, on the BTC chart, the four-hour bearish structure is gradually taking shape. In my view, this downward move is only just starting, and there is more room to go.
In recent days, the market has been swinging up and down, repeatedly pulling in both directions. Compared with BTC, the shorting opportunities in Ethereum are more attractive. The current price is still relatively high, and the “bubble” has not been fully released yet.
The upcoming downward scenario is worth focusing on! So the plan remains the same: still sell short on rallies. Refer to the morning analysis!
#SK海力士韩股重挫19% #伊拉克原油出口大幅下降 #韩股因SK海力士财报连续第二日下跌 $BTC
Right now, everyone is paying attention to the Federal Reserve’s interest rate decision at around 2:00 a.m. The situation is that the market is spreading news about more rate hikes everywhere. However, based on the Fed’s usual operating style, the odds are high that they will still keep interest rates unchanged—this is typically more about building up expectations and creating an atmosphere, with limited substantive action at the end.
As for the market action, on the BTC chart, the four-hour bearish structure is gradually taking shape. In my view, this downward move is only just starting, and there is more room to go.
In recent days, the market has been swinging up and down, repeatedly pulling in both directions. Compared with BTC, the shorting opportunities in Ethereum are more attractive. The current price is still relatively high, and the “bubble” has not been fully released yet.
The upcoming downward scenario is worth focusing on! So the plan remains the same: still sell short on rallies. Refer to the morning analysis!
#SK海力士韩股重挫19% #伊拉克原油出口大幅下降 #韩股因SK海力士财报连续第二日下跌 $BTC