This week's key analysis: The time for the long-short decisive battle has come. The decisive battle has begun. The manufacturing index on Wednesday will indicate a hot non-agricultural employment. The interest rate decision + Powell's speech on Thursday, the non-agricultural index + large-scale liquidation of derivatives on Friday, how the market will go, step by step for everyone to disassemble.
Hong Kong ETF opened for trading on Tuesday, which has little impact on the market, and has digested the emotional impact, but there will indeed be some funds entering the market, which is good in the long run.
Bitcoin is still in a volatile range for the time being, and it is temporarily weak and volatile. The upper pressure is around 64,000, and the bottom support is around 62,200, and it is consolidating. Ethereum is strong, very strong, and the daily exchange rate has completed a strong breakthrough, but the Ethereum Foundation has the expectation of selling coins again, and it is temporarily looking at the bottom support position.
There is a high probability that there will be no interest rate cut on Thursday, so there is no need to panic, because the market has digested the emotions, the so-called bad news has become good news, and there is a high probability that there will be no interest rate cut in the first half of the year. The most feared thing is that Powell will talk nonsense, and there is a high probability that he will go to 60,000 to support and grind the bottom, and then facilitate the dealer's actions on May 3.
On Friday, May 3, we just need to wait for the delivery of derivatives. The short delivery position is around 60,000-59,500. The dealer will give out most of the short-term profits in April on this day, and then start to consider the market change and bet on long positions. Basically, the bottom of 60,000 has come out.
Of course, it is just an analysis logic. The market is always uncertain, including the recent SUI. There will be an epic release on May 3, which is still scary. For more consultation and analysis, please communicate. #大盘走势 #非农数据
I am your chicken. The weekly analysis will be published on Monday. See you next week!