Jiahao’s Monday Thoughts Sharing
The US-Iran situation once again released signals of a ceasefire and easing, but this round of sentiment repair did not drive the market to make a meaningful breakout. After multiple past market reviews, it has already been made clear that the impact of the US-Iran conflict on the market continues to decline; in the short term, geopolitical news cannot dominate the trend.
Looking back at last week’s FOMC meeting, the entire session did not provide clear monetary policy guidance. As a result, market expectations diverged further, and the market quickly moved into a short-term downtrend. However, this decline did not break through the medium- to long-term range-bound consolidation area. Current price action has reached the critical level near the lower boundary of the box range, and the window for a potential turning point is approaching. The US Non-Farm Payrolls data to be released this Friday will be the key catalyst to break the current range-bound pattern.
Before the major data is released, the market mainly maintains a range-bound consolidation structure. For short-term trading, follow the logic of range trading: execute short-lower and long-higher multi-leg trades by relying on key support and resistance levels.
For trading:
On BTC (Big Cake): short around 63,500. Target 62,500. If it breaks out further, look for 61,800.
On ETH (Ethereum): short around 1,880. Target 1,830. If it breaks out further, look for 1,800.
#美日2011年来首次联合干预日元 #Coldcard暂停发货并销毁问题固件 $NVDAB $AAPLB $BTC
The US-Iran situation once again released signals of a ceasefire and easing, but this round of sentiment repair did not drive the market to make a meaningful breakout. After multiple past market reviews, it has already been made clear that the impact of the US-Iran conflict on the market continues to decline; in the short term, geopolitical news cannot dominate the trend.
Looking back at last week’s FOMC meeting, the entire session did not provide clear monetary policy guidance. As a result, market expectations diverged further, and the market quickly moved into a short-term downtrend. However, this decline did not break through the medium- to long-term range-bound consolidation area. Current price action has reached the critical level near the lower boundary of the box range, and the window for a potential turning point is approaching. The US Non-Farm Payrolls data to be released this Friday will be the key catalyst to break the current range-bound pattern.
Before the major data is released, the market mainly maintains a range-bound consolidation structure. For short-term trading, follow the logic of range trading: execute short-lower and long-higher multi-leg trades by relying on key support and resistance levels.
For trading:
On BTC (Big Cake): short around 63,500. Target 62,500. If it breaks out further, look for 61,800.
On ETH (Ethereum): short around 1,880. Target 1,830. If it breaks out further, look for 1,800.
#美日2011年来首次联合干预日元 #Coldcard暂停发货并销毁问题固件 $NVDAB $AAPLB $BTC