📊 Macroeconomic Market & ETH Technical Analysis 📊
🔹 Key Points on Macroeconomics:
1️⃣ Yesterday's PMI data was mixed, with the Nasdaq rising strongly, boosting the cryptocurrency market.
2️⃣ Tonight, U.S. retail sales data will be released, expected to be bearish, so pay attention to the actual results.
3️⃣ ChatGPT updates features, potential trading opportunities in the AI sector.
4️⃣ MicroStrategy is expected to be included in the S&P 500 by June 2025, positive expectations for funding.
5️⃣ The Fear & Greed Index soared to 79, the market atmosphere is frenzied, caution is needed for risk management.
🔹 ETH Technical Analysis:
1️⃣ Daily chart shows a long upper shadow, clear pressure, more signals are needed for validation.
2️⃣ Maintain a short-term low bullish approach, reference EMA moving averages + KD oversold resonance buy signals.
🔹 Trading Strategy:
📍 Long Position: Gradually buy near 3950-3900, average price 3925, stop loss 3840, take profit 4025-4200.
🔥 The market is highly volatile, stay alert! How do you respond to the current market changes? 👇
