Trading philosophy: look at the trend in the big cycle and find the position in the small cycle;
Technical analysis: For Bitcoin, at the daily level, the Bollinger Bands continue to close upward, the MACD moving average runs in parallel, the long volume continues to shrink, the KDJ line runs downward, and the market starts to rebound after reaching the middle track of the Bollinger Bands. At the 4-hour line level, the Bollinger Bands open, the MACD moving average and the KDJ line start to run upward, and the short volume continues to shrink. For Ethereum, the technical indicators at all levels are basically synchronized with Bitcoin;
News analysis: The Federal Reserve’s interest rate decision will be announced at 2 a.m. It is expected that there will be no interest rate cut this time, and it will remain unchanged at 5.5%, but judging from the results, the interest rate will remain unchanged It is good for the cryptocurrency circle, so the market will definitely have an upward movement. As for whether it can get out of the oscillation range, it still depends on the pressure level. I am more optimistic about the trend of falling after the upward movement;

In summary, the current market may have an upward movement again, but generally speaking, I am more optimistic about the correction trend. Recently, I have also arranged short orders for Bitcoin at 67500-68000 and Ethereum at 3330-3360, with targets of 66500-65500 and 3250-3200. Short orders have also been stopped for many times. Due to the influence of news tonight, aggressive longs can be made at the current price, and stable shorts can be made at the pressure level after the upward movement ends!
Reference:
Bitcoin is currently priced at around 66,500, long, target 67,500-68,500, defense 66,000; short at 68,000, target 67,000-66,000;
Ethereum is currently priced at around 3,300, long, target 3,350-3,400, defense 3,250; short at 3,400, target 3,300-3,200;
Strategies are time-sensitive, and specific private real-time guidance shall prevail!
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