On Wednesday, Bitcoin and Ethereum analysis, CPI and the Fed rate hike are coming
The overall rhythm is very weak at present, and the Asian and European sessions tend to be roundabout. The small rebound correction overnight will continue during the day, but it is not enough to form a trend change, so it is still mainly around the rebound short, no pins, no more. This kind of data market generally fluctuates violently, and will be mixed with the mood of washing the market. It is expected to fall first and then rise. Be prepared to stop profit in batches in the short term to avoid profit retrieval!
Three major events that need to be paid attention to today!
1. CPI data will be released at 8:30 pm
2. At 2:00 am, the Federal Reserve will announce the interest rate decision and economic forecast summary (FOMC meeting)
3. Around 2:30 am, Federal Reserve Chairman Powell will deliver an important speech
This round of decline may be led by Ethereum. From the technical structure, the weekly line turned from a big positive to three negatives. The rise before the ETF announcement released a lot of bullish momentum. In the short term, it will face gap filling. Tonight, it will probably go up and down. The big cake is still in the normal correction range, but Ethereum is still weak. In terms of thinking and operation, it is recommended that you still participate around the high altitude. If you encounter a pin, just take it back. The band layout will be arranged after the news lands in the early morning. Try to wait and see in the white market!
Operation suggestions for Wednesday:
Bitcoin 68000-68500 short sell target 66000 mobile defense 800 points
Ethereum 3550-3580 short sell target 3350 mobile defense 60 points
Tonight is destined to be turbulent, the satellite is ready, get on board! #美联储利率决策即将公布 #币安用户数突破2亿 #非农就业人数高于预期 $BTC $ETH