Before the Federal Reserve announced the interest rate yesterday, it was expected that the market would have another wave of bottoming out. After the bottoming out, the bull trend would start again. As market expectations for interest rates are basically determined, it will not have much impact on the market trend. In the end, it will still cater to the technical trend. The early morning market successfully went beyond expectations!
At present, from the daily line, both the Big Day cakes closed with a positive K-line, the Bollinger Bands began to gradually close, the MACD moving average has begun to move upward, the short volume has also gradually shrunk, and the K-line began to turn upward. From the 4-hour line, the upper track of the Bollinger Band has been broken, and the market is currently repairing at a high level. Once the repair is completed, it is expected to start a new round of rise again. Therefore, the subsequent operation idea can be kept as low and long!
Operation ideas:
Ethereum is mostly in the 1880-1900 range, target is 1940-1960, defense is 1860!
Go long in the range of 28800-29000, target 29500-29800, defense 28500! #BTC #crypto2023 #ETH #Binance #Web3
