7.30 Mistress Morning Board Observation
In the early hours, the Fed maintained interest rates unchanged. Its remarks were hawkish, with greater instrument flexibility. After probing lower, there was a modest rebound, and the current price is consolidating in a range around 1915 to digest the earlier gains. Macroeconomic liquidity expectations are rather cautious; after a rise, sell pressure continues to release. Asia-session trading is quiet, and in the short term it is difficult to break out of a one-direction trend.
Near-term pressure range: 1930–1960, strong resistance at 1956
Near-term support range: 1880, 1850; 1850 is the key short-term support
Morning reference approach:
1) For a rebound of 1930–1960, keep a stop/defensive level above 1980; targets at 1880 and 1850
2) For a pullback of 1850–1880, keep a stop/defensive level below 1830; look toward about 1920
#ETH🔥🔥🔥🔥🔥🔥
In the early hours, the Fed maintained interest rates unchanged. Its remarks were hawkish, with greater instrument flexibility. After probing lower, there was a modest rebound, and the current price is consolidating in a range around 1915 to digest the earlier gains. Macroeconomic liquidity expectations are rather cautious; after a rise, sell pressure continues to release. Asia-session trading is quiet, and in the short term it is difficult to break out of a one-direction trend.
Near-term pressure range: 1930–1960, strong resistance at 1956
Near-term support range: 1880, 1850; 1850 is the key short-term support
Morning reference approach:
1) For a rebound of 1930–1960, keep a stop/defensive level above 1980; targets at 1880 and 1850
2) For a pullback of 1850–1880, keep a stop/defensive level below 1830; look toward about 1920
#ETH🔥🔥🔥🔥🔥🔥