What’s next for the market?
The market has been volatile in the past two days. The market and Ether are currently below the 20-day moving average, so in the short term I still see a rebound and decline.
The support of the big pie is around 28340, and there is a high probability that it can touch it. The lower support of #Ethereumeth# is around 1861.
The main reason why the market is in a volatile state is that there will be a decision to raise interest rates on July 27. The current probability of voting to raise interest rates by 25 basis points in July has risen to nearly 100%. 😂
Basically, it is a certainty to continue raising interest rates.
Therefore, the market is relatively weak, and only some small currencies, such as XLM and XRP, are strong, but it is difficult to judge how long it will last.
Control it to be around 5 storeys, I think it’s about right
The market has been volatile in the past two days. The market and Ether are currently below the 20-day moving average, so in the short term I still see a rebound and decline.
The support of the big pie is around 28340, and there is a high probability that it can touch it. The lower support of #Ethereumeth# is around 1861.
The main reason why the market is in a volatile state is that there will be a decision to raise interest rates on July 27. The current probability of voting to raise interest rates by 25 basis points in July has risen to nearly 100%. 😂
Basically, it is a certainty to continue raising interest rates.
Therefore, the market is relatively weak, and only some small currencies, such as XLM and XRP, are strong, but it is difficult to judge how long it will last.
Control it to be around 5 storeys, I think it’s about right