BitEagle 🦅5.10 Accurate Market Analysis @Everyone
Good morning, brothers, as we provided analysis last night.
After the release of unemployment data, the market ushered in a wave of rebound.
The cooling of the labor market
proves that the Fed's policy interest rate is suppressing economic growth,
which will help bring the inflation rate back to 2%.
Don't be too pessimistic when it falls,
nor should you be too optimistic when it rises.
The current market response strategy has been reminding everyone
(1) Recommended position 60%, do not increase positions
(2) Do not chase the rebound, otherwise it is easy to be trapped
(3) Do not panic and sell when it falls
Now it has rebounded, remember point (2) do not chase the rise, otherwise you will be trapped,
you can sell some profitable positions, and buy them back when it falls.
From the on-chain data, the funds have not improved at all.
There is no change in the stablecoins flowing into the exchange.
In addition, the possibility of Israel attacking Rafah is increasing. Netanyahu vowed: Even if the United States does not help, Israel will fight alone and "fight back". The Minister of Defense said, "No matter what the cost, we will ensure the existence of the State of Israel." Biden has instructed his team to continue to work with Israel to carry out a lasting blow to Hamas.
The data released last night was actually good, but the currency circle did not rise much.
The main concern is still a large-scale war!
The next heavy data is the CPI released on Wednesday next week. If it is significantly lower than expected.
The currency circle will usher in a big counterattack.
But in the case of insufficient funds in the market, it must have fallen due to panic before the data was released.
AR has risen to around $42.
Brothers with heavy positions should sell part of it first to lock in profits.
Reduce AR positions to below 20% for long-term holding.
