The monetary policy meeting minutes released in the early morning predicted an economic recession, which is contrary to Powell's statement that he did not see a recession. Therefore, the impact was relatively small in the evening, mainly due to the short-term trend of oscillating downward. The market has been oscillating for a long time. The release of ADP (small non-farm) in the evening will bring the market a preliminary expectation and also prepare for tomorrow's big non-farm.

 

Yesterday Review: Ethereum accurately shorted at the high point of the white session at 1942, with a target of 1915-1900, and successfully took 40 points of profit. It was a pity that the big cake did not reach the entry point, but the overall idea was absolutely correct. 1H/4H simultaneously hit T9, and after stopping the decline in the evening, it began to shake around the low position; LTC broke through the pin again, and the lowest point came to 98.38; BCH broke through the 252 line, and also reversed after stopping the decline. .

Today's blueprint:

The market hit new/second highs one after another and then failed to break through. The price started a mid-term correction, but the market volume was insufficient, which led to the current awkward trend: it could neither break through nor break down. However, the news today and tomorrow will initially open up the market trend, and the bulls and bears will fight the first round of decisive battles here. The early morning news is in a continuous impact, so there may not be too strong fluctuations in the short term, and another "fuse" is needed.

The daily K-line also started the first round of correction after rising continuously. Yixuan's current views are still consistent with the previous ones. If the market wants to break through again after rising by 20%, a correction is definitely necessary. Otherwise, the bottom will be unstable and prone to a reversal and smashing after a false breakthrough. The recent price trend is indeed the case. After many days of volatility and the inability to break through the middle track of the upward channel, it began to fluctuate downward, and the short-term trend has obviously begun to change.

 

#ETH ：

The 1H line showed an obvious downward trend, with three waves rebounding after touching 1900 (Fibonacci 0.786 line). This position still has strong support in the short term, but the intraday rebound is obviously weak. Although there was no actual breakthrough in the two rounds of tests in the early morning, the market still needs a mid-term correction. The bottom strong support (1842 line) has been strong for a long time, and this round of correction is also to find the bottom, and the general direction has not changed.

Yesterday, the U.S. stock market opened low and then rose strongly, but the price did not show a synchronous effect. This also indirectly shows that the current market bulls are beginning to weaken and the bears are beginning to take over the current situation. The operation continues to be the same as yesterday. Short-term entry is preferred. A round of mid-term planning will be provided free of charge later, but the time has not yet arrived. The news this week is strong, and it is expected that there may be a small unilateral round. Pay attention to market sentiment.

Operation suggestions: Build initial position at 1915, add position at 1930-1935, target 1900-1880 (look at 1842 if it breaks the low), risk control above 1942 (yesterday's high point), this round is short-term, do not carry any orders.

 

Cake: Cake is not too impatient in the high-level shock, and the trend has been in good condition. If it wants to get out of a round of strong market, it still needs some news support, and the market sentiment has also begun to rise recently, and the breakthrough is about to arrive. The thinking is synchronized with the aunt, and the support line of 30697 has been broken yesterday. The top and bottom are replaced in the short term, and the pressure level is still strong. Operation suggestion: Cake is currently 30.5k to build an initial position, and add positions at 30.7k-30.8k. The target is 30.2k, the low point of the early morning pin, and then look down to 29.8k-29.5k to leave. The strong support of this round of mid-term correction is: 28.9k.

#bch ： The heat remains, but the price has started to pull back. It is still possible to continue to rise in the future. June and July will be the months of phased adjustments, and the real outbreak period will be in August and September. Therefore, friends who do spot business can continue to wait for the opportunity.

 

#XVG ： The daily line has risen by 300%, and the price is around 0.0033, so everyone should pay attention. Friends who have made profits can prepare to leave the market. For the currencies that have become popular, you can just grab two waves, don’t be greedy!