The article was edited on 2023.6.30 10:30 am. All opinions do not constitute any investment advice! For learning and communication only.
The annual European Central Bank Forum kicked off in Sintra, Portugal this week. The United States, Europe, Japan and the United Kingdom participated in the ECB policy group discussion. Everyone reached a consensus on controlling inflation, saying that controlling inflation will be the most important thing in the future. Fed Chairman Powell even expressed hawkish remarks. He believes that there will be two more interest rate hikes in the second half of the year, possibly in July and September, or in July and October, and that inflation will return to 2% before 2025. In other words, not only will the interest rate hikes in the second half of the year continue, but it also implies that there will be no interest rate cuts this year and next year, at least they will be maintained at high interest rates. Affected by this, U.S. stocks once plunged slightly during the session.
Yesterday, the high point of the big cake was around 30850, and the low point was around 30050. The big cake continues to maintain high consolidation, the trend is a bit weak, and the trading volume still has not risen. It is difficult to be pulled up again without new funds coming in. Before it goes out of the box, the operation can be to sell high and buy low with a light position. In the short term, continue to pay attention to the support of 29800 at the lower edge of the box. If it effectively falls below, it is possible to go down to 28000.
The daily level closed with an inverted hammer yesterday, the Bollinger Bands opened upward, MACD shrunk downward, and the 4-hour Bollinger Bands ran parallel. Under the pressure of the Bollinger upper rail 30800, MACD volume was sluggish. In terms of operation, it is recommended to go long with a light position near 29800, with a target of 30200-30500, and go short with a light position if it does not break 30900, with a target of 30500-30100, and a stop loss of 350 points each. The market changes in a myriad of ways, and the specific operation is mainly based on real-time strategies.
Ethereum's high yesterday was around 1880 and its low was around 1830. Ether continues to maintain a weak linkage with Bitcoin and is still operating in a downward channel. It touched 1880 last night and then began to fall back. In the short term, it is expected to fluctuate around 1860. The chips at this position are relatively dense and it takes time to consume them. It is difficult for Ether to make big moves until Bitcoin moves out of the range.
The daily level closed with an inverted hammer yesterday, and the Bollinger Bands were running parallel, supported by the lower Bollinger Band 1790. MACD was shrinking and moving downward. The 4-hour level was still in the downward channel, and the Bollinger Bands were running downward, suppressed by the middle Bollinger Band 1860. In terms of operation, it is recommended to go high and go long in the short term. It is recommended to go long with a light position near 1800, with a target of 1830-1850. If the attack on 1880 is not broken, a light position can be shorted, with a target of 1840-1790, and a stop loss of 25 points each. The market is changing rapidly, and the specific operation is mainly based on real-time strategies.
Statement: The above content is personal opinion and the strategy is for reference only and is not used as an investment basis. If you follow up, you will bear the risks yourself.
