Trader Liang Qiu: 11.8 Bitcoin/Ethereum retracement to take more space. How to view the Fed's interest rate decision in the early morning

Bitcoin/Ethereum's layout in the evening, Bitcoin 74300 and 2760 to 2790 near the retracement long position idea, as of now, Bitcoin has reached 76000 and Ethereum has also reached 2850. The overall pull-up is relatively good. Pay attention to the band. From the early morning to now, the market has been in a state of shock, and the continuity of long and short is not strong. It is expected to wait for the result of the interest rate decision at three o'clock in the morning. From Trump's coming to power, it can be seen that the probability of interest rate cuts in the evening is relatively large. Bitcoin and Ethereum have a corresponding wave of upward space, but pay attention to the band and wait for the opportunity to retrace.

On the one hand, the Fed's interest rate is the risk of re-inflation and more uncertain tariff policies and international environment; on the other hand, it is the "shadow" of Trump's continuous intervention in the Fed. It is expected that the Fed will slow down the pace of interest rate cuts at this meeting, from 50bp to 25bp last time, and the federal funds target rate will be reduced to the range of 4.5%-4.75%, maintaining the pace of balance sheet reduction unchanged. However, these markets are expected. At present, under the overbought trend of Bitcoin, we still pay attention to the support below the daily and weekly levels, which is gradually bullish, that is, the support below 2760 and 74000. If the support is effective, the market will continue to rise repeatedly. You can look for opportunities to enter more by relying on the retracement above the support. The specific guidance is mainly based on real-time guidance. #特朗普加密政策承诺 #美联储利率决议来袭