2023.5.27 morning trading 10:26 BTC market analysis
Although the U.S. core PCE was 1 percentage point higher than expected last night, and although the probability of a rate hike in June has increased, the U.S. index has emerged from a strong FOMO situation of ignoring market news. At present, the traditional financial markets of major developed economies in Europe, America and Asia have strengthened across the board. No wonder the inflation in Europe, America and Japan is so high, but no discordant voices are heard. The original reason is this. While shouting for interest rate hikes, the stock market is soaring, and the increase in wealth is greater than the increase in inflation. Who cares about that little bit of inflation?
btc support level 26500/26100-26300/strong support 25800-26000
Pressure level 26900-27045/27100-27300
Weekend suggestion: Pay attention to the strength of the range 26600-26800
Seeking gaming opportunities in the 26430-26530/26480-26560 interval
Take profit at 26750-26850/If breakout of capital guarantee and loss increase, place it at 27045-27300
