Wash’s Debut Grand Entrance: Big Biscuit, Lady’s Tough and Cautious Approach to Chasing Rallies! 8.28 Big Biscuit Lady’s Trading Plan
At 22:00 Beijing time on Friday, Fed Chair Wash will deliver the most anticipated public speech since taking office at the Jackson Hole Global Central Banking Conference. He has been hoping to reduce forward guidance so the market can interpret the data on its own. But what Wall Street wants most right now is precisely his “reaction function.” If this speech continues to focus only on long-term topics like productivity and demographics, the bond market may interpret silence itself as a policy signal.
The short positions from Wednesday were swept and closed for breakeven losses. Coin prices have stayed at high levels and are consolidating. Big Biscuit Lady has been pushing for new highs, but each new high is followed quickly by a pullback—clearly a liquidity-hunting move—so don’t chase. Today, the key focus is Wash’s speech. If price remains high during the day, keep positioning for short entries.
8.28 Short Setup
For Big Biscuit, at the current price range of 81000–81500 continue to short. For more conservative traders, enter at 82000–82300. Set defense at 83000. Targets: 79000–78500–78000. If it breaks down further, look at 77500–77000–76000. If it keeps breaking, continue moving the stop-loss and take profit according to conditions!
For Ether, keep shorting at 2525–2550. For more conservative traders, enter at 2570–2600. Set defense near 2640. Targets: 2450–2430–2400. If it breaks down, look at 2370–2350. If it keeps breaking, continue moving the stop-loss and take profit according to conditions!
If it dips a little, it quickly goes back to reclaim—clearly they don’t want shorts to profit, or to put it differently, the long side isn’t big enough yet. But the strength of the upside push is clearly weakening. Tonight we’ll see what signal Wash releases. US stocks have been hardline, but crypto clearly hasn’t matched the strength of US stocks. Once there’s a pullback, it will definitely drag the whole market down! #标普500涨0.7%科技板块涨3.3%
At 22:00 Beijing time on Friday, Fed Chair Wash will deliver the most anticipated public speech since taking office at the Jackson Hole Global Central Banking Conference. He has been hoping to reduce forward guidance so the market can interpret the data on its own. But what Wall Street wants most right now is precisely his “reaction function.” If this speech continues to focus only on long-term topics like productivity and demographics, the bond market may interpret silence itself as a policy signal.
The short positions from Wednesday were swept and closed for breakeven losses. Coin prices have stayed at high levels and are consolidating. Big Biscuit Lady has been pushing for new highs, but each new high is followed quickly by a pullback—clearly a liquidity-hunting move—so don’t chase. Today, the key focus is Wash’s speech. If price remains high during the day, keep positioning for short entries.
8.28 Short Setup
For Big Biscuit, at the current price range of 81000–81500 continue to short. For more conservative traders, enter at 82000–82300. Set defense at 83000. Targets: 79000–78500–78000. If it breaks down further, look at 77500–77000–76000. If it keeps breaking, continue moving the stop-loss and take profit according to conditions!
For Ether, keep shorting at 2525–2550. For more conservative traders, enter at 2570–2600. Set defense near 2640. Targets: 2450–2430–2400. If it breaks down, look at 2370–2350. If it keeps breaking, continue moving the stop-loss and take profit according to conditions!
If it dips a little, it quickly goes back to reclaim—clearly they don’t want shorts to profit, or to put it differently, the long side isn’t big enough yet. But the strength of the upside push is clearly weakening. Tonight we’ll see what signal Wash releases. US stocks have been hardline, but crypto clearly hasn’t matched the strength of US stocks. Once there’s a pullback, it will definitely drag the whole market down! #标普500涨0.7%科技板块涨3.3%
