There is a delay in publishing the article, mainly based on real-time strategies.
Last night, Powell unexpectedly said that price stability is the cornerstone of a strong economy, and it is the central bank's responsibility to maintain price stability. We are firmly committed to achieving the 2% target, and failure to achieve it will cause greater harm. Regarding the turmoil in the banking industry, he said that financial stability tools can help stabilize the situation. On the other hand, the development of the situation has led to tighter credit conditions, which may put pressure on the economy, employment and inflation. "Banking pressure may mean that there is no need to continue to raise interest rates to previously expected highs to curb inflation." Powell said. As soon as this statement came out, U.S. Treasury interest rate futures traders significantly reduced their bets on the Fed's interest rate hike in June and increased their bets on the Fed's interest rate cut later this year. At the same time, there were problems in the U.S. debt negotiations. Republican representatives withdrew from the ceiling negotiations, resulting in a temporary suspension of the negotiations. As a result, Bitcoin rose nearly 400 points in the short term.
Yesterday, the high point of the big cake was around 27183, and the low point was around 26630. Before Bao's speech yesterday, the big cake fluctuated slightly sideways by more than 200 points, with basically no room for operation. In the evening, under the influence of the news, the short-term market went up and down, and then recovered to sideways. It is still in the game of longs and shorts, and it is expected to continue to go sideways at the weekend.
The daily level closed with a doji, which is at the lower edge of the box. The Bollinger Bands are running downward, supported by the lower Bollinger Band of 26000. The MCAD has ended its divergence. The 4-hour level is in range oscillation. The Bollinger Bands are running in parallel, supported by the lower Bollinger Band of 26500. The MCAD volume is still sluggish. The current market is still in a game of bulls and bears. Before it moves out of the range, you can buy low and sell high with a light position.
Pay attention to the support of 26000-26200 below, and the pressure of 27500-27700 above. It is recommended to short lightly near 27500, with a stop loss above 28000, and the target is 27100-26500. It is recommended to go long lightly near 26500, with a stop loss below 26100, and the target is 26900-27300. The market changes rapidly, and the specific operation is mainly based on real-time strategies.
Ethereum's high yesterday was around 1829, and its low was around 1796. Ethereum's trend yesterday was slightly stronger than Bitcoin, with a slow and oscillating upward trend. Under the influence of the news, it went through up and down pins. Currently, Ethereum is still running in the range, with strong pressure on both the upper and lower sides. It is expected that it will continue to fluctuate in the range in the short term.
The daily level closed with a small negative line yesterday, and the Bollinger Bands ran in parallel. Suppressed by the middle Bollinger band of 1850, MCAD continued to shrink. The 4-hour level was in a downward trend, and the Bollinger Bands ran in parallel, supported by the lower Bollinger band of 1790. MCAD volume was still sluggish. When the market has not moved out of the range, you can operate with a light position to sell high and buy low. If you have positions, it is best to clear them before the US market to avoid risks.
Pay attention to the support of 1730-1750 below and the pressure of 1850-1880 above. It is recommended to short with a light position near 1820, with a stop loss above 1850 and a target of 1810-1790. Go long with a light position near 1790, with a stop loss below 1750 and a target of 1810-1830. The market changes rapidly, and the specific operation is mainly based on real-time strategies.
Due to the time of article push, the above views and suggestions are mainly based on real-time strategies. When placing orders, control positions reasonably and do not operate with heavy or full positions. Ethereum Duoduo also hopes that all investors understand that the market is always right. If you are wrong, you should summarize your own problems and do not let the profits that should have been obtained fly away. There is no need to be smarter than the market in investment. When the trend comes, respond and follow it; when there is no trend, observe and stay calm. It is not too late to wait for the trend to finally become clear before taking action. Tomorrow's success comes from today's choice. God rewards diligence, earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are inadvertent. Develop the habit of strictly taking stop loss and take profit for each order. I wish you a happy investment!
