ETH BTC market analysis on May 3rd, the technical aspects are no longer enough! The Federal Reserve announced its interest rate decision at 2:00 in the morning! It's only 2 hours away now
The ETH market may fluctuate by dozens of dollars. If you accidentally choose the wrong direction, your position will be liquidated. It is recommended that you place a trend order. When the news comes, doing a trend order is the most stable!
ETH BTC is shrinking downward from the 4-hour K-line chart. There are signs of retracement. It may cooperate with a technical pullback and then rise! At present, KDJ is also a third-line bond with a downward trend! The market is also relatively weak below the 10-20 day moving average of EM A5! From a technical point of view, it is short-term, but today’s news has a huge impact. Whether it is negative or bullish, we still have to wait for the data to come out to know!
ETH strategy 1: Make the trend monostable! Strategy 2: More near 1810, target 1880