December 19 evening thoughts and early morning thoughts
Hello everyone, I am your old friend Tan Sen. Let's review last night's and today's white盘行情. Yesterday afternoon, after the market initially showed a downward trend, our interpretation was: since there was a downward move during the day but it did not break 103000, our thought was to wait for the market to rebound after the Federal Reserve's interest rate decision was announced, and then we expected there would be another drop and washout situation. Yesterday, I also emphasized a key point, which is the washout phenomenon. On the eve of the interest rate cut announcement, the market had already started a wave of adjustments, which is undoubtedly a significant sign of washout. Subsequently, when the news of a 25 basis point rate cut was officially announced, and Powell mentioned in his statement that interest rate cuts would slow down starting next year, at the same time, Powell clearly stated that the Federal Reserve neither favors Bitcoin nor expects to use it as a strategic reserve. These factors combined led to further washout situations in the market. It is well known that this 25 basis point rate cut was actually a relatively certain matter within market expectations, and when this good news was basically exhausted, coupled with certain negative news expectations having an impact, the market began to open up a downward trend.
From the daily line perspective, the previous K line showed an entity bearish line, causing the daily MA5 and MA10 moving averages to be broken, and the price also fell back to the daily MA30 moving average. This situation undoubtedly added many pressures and uncertainties to the market. Switching to the hourly line perspective, it is clear that the downward trend of the coin price is still continuing and has not fundamentally reversed. The resistance level formed by the trend line is roughly around 102500. At this moment, the J line in the KDJ indicator has already climbed to a high area. Given this, a small-scale pullback correction phenomenon is very likely to occur near the resistance level. In terms of short-term trading, the overall market shows a situation where rebounds encounter resistance at high levels.
Big Pie 99800-100200接上看102200-102500 Second Pie 3580-3600一带接多 上看3688-3720