The big pie yesterday early morning was like a roller coaster ride; the Kundi took the lead with direct ownership first, and the low-die also managed to secure it. After that, during the white session it kept oscillating. Within the oscillation range of the white session, both the short Kundi and short low-die were traded back and forth for a total gain of 4860 points. During the day’s early morning, the Fed’s rate hike was also like a roller coaster—there were two Kundi moves that respectively cut 1050 points and 700 points. The trend matched expectations: it first fell then rose in the early morning, and then fell again. It’s just that the range was a bit smaller. So, regarding how fundamentals will affect the big pie and the outlook…
From a macro perspective, the Fed rate hike has already been largely priced in by the market in the short term. But in the medium to long term, there is pressure from a higher-for-longer interest rate environment. In the dot plot, within the year 18 officials are represented, and 16 of them are expected to hike rates one more time by year-end. That means the tightening cycle may not have ended yet, which continues to weigh on the crypto market. In terms of price action, it’s consolidating at low levels and continuously tests the support below. It hasn’t broken yet, but if it keeps dropping during the day, it will inevitably break. So going short from higher levels is more suitable.
For the Kundi around 762 to 765, target 742 to 738. $BTC
$ETH
#Zcash上涨6% #美联储加息是否已成定局 #比特币ETF净流出4.5亿美元
From a macro perspective, the Fed rate hike has already been largely priced in by the market in the short term. But in the medium to long term, there is pressure from a higher-for-longer interest rate environment. In the dot plot, within the year 18 officials are represented, and 16 of them are expected to hike rates one more time by year-end. That means the tightening cycle may not have ended yet, which continues to weigh on the crypto market. In terms of price action, it’s consolidating at low levels and continuously tests the support below. It hasn’t broken yet, but if it keeps dropping during the day, it will inevitably break. So going short from higher levels is more suitable.
For the Kundi around 762 to 765, target 742 to 738. $BTC
$ETH
#Zcash上涨6% #美联储加息是否已成定局 #比特币ETF净流出4.5亿美元
