After the 82,000 level comes down, the rebound highs are lower each time. The most recent time it got close to 79,000, the price hit the upper edge of the cloud band and then pulled back.
At the time of posting, the current price 76,938 has already returned to below the 78,153 entry; the stop loss tracked on the chart is 77,581. The first take-profit at 76,884 is right there in sight. Below that are 76,132 and 75,122.
77,581 is the short-term watershed. If it can’t reclaim that level, and the pullback rhythm continues, then the outlook is still not complete—you’ll need to revisit expansion prices by at least getting away from that 79,000 segment, and you’ll also need the close to remain above it. Before that, it’s safer to treat this move as digestion after the high has shifted downward.
The FOMC meeting will release its decision and the dot plot at 14:00 on Wednesday, September 16 (U.S. Eastern Time), followed by a press conference at 14:30. That corresponds to 2:00/2:30 a.m. Beijing time on Thursday. The rate decision itself is often already partly priced in; it’s the statement and dot plot that will determine whether the pullback should be completed or not.
Around the event, priority should be given to whether 77,581 and 79,000 are re-accepted. The signals and parameters on the chart are used to verify whether this trading segment was merely swapped within the original trading range, or whether liquidity in the order book was thinned out and pushed the price away.
In this kind of back-and-forth before the FOMC, the safer approach is to first lower the trading frequency, or, wait until 79,000 is taken out and the market closes above it before entering.
#比特币 #FOMC
At the time of posting, the current price 76,938 has already returned to below the 78,153 entry; the stop loss tracked on the chart is 77,581. The first take-profit at 76,884 is right there in sight. Below that are 76,132 and 75,122.
77,581 is the short-term watershed. If it can’t reclaim that level, and the pullback rhythm continues, then the outlook is still not complete—you’ll need to revisit expansion prices by at least getting away from that 79,000 segment, and you’ll also need the close to remain above it. Before that, it’s safer to treat this move as digestion after the high has shifted downward.
The FOMC meeting will release its decision and the dot plot at 14:00 on Wednesday, September 16 (U.S. Eastern Time), followed by a press conference at 14:30. That corresponds to 2:00/2:30 a.m. Beijing time on Thursday. The rate decision itself is often already partly priced in; it’s the statement and dot plot that will determine whether the pullback should be completed or not.
Around the event, priority should be given to whether 77,581 and 79,000 are re-accepted. The signals and parameters on the chart are used to verify whether this trading segment was merely swapped within the original trading range, or whether liquidity in the order book was thinned out and pushed the price away.
In this kind of back-and-forth before the FOMC, the safer approach is to first lower the trading frequency, or, wait until 79,000 is taken out and the market closes above it before entering.
#比特币 #FOMC
