The article was edited at 12:00 noon on July 24, 2023. All opinions do not constitute any investment advice! For learning and communication only.
The Federal Reserve's interest rate meeting was held this week. Last month, the Federal Reserve kept interest rates unchanged, but the dot plot showed that it would raise interest rates twice this year. Federal Reserve Chairman Powell has since repeatedly suppressed expectations of a policy shift, saying that it would take a long time to cut interest rates. Federal funds rate futures show that the Federal Reserve's 25 basis point rate hike in July is a done deal. The focus may shift to the resolution statement, and the statement on the future interest rate path will become the key.
Yesterday, the high point of the big cake was around 30350, and the low point was around 29730. The big cake has been consolidating at the lower edge of the box for a week, and the trend is in line with expectations. It has not fallen below the lower edge of the box after multiple attempts, indicating that the support is strong. It is currently in a weak shock. This week, the focus is on the Federal Reserve meeting, and the market may take the opportunity to get out of the box.
The daily level closed with a small positive line yesterday, and the Bollinger Bands moved downward, supported by the Bollinger lower rail 29400. The 4-hour level was suppressed by the MA120 daily line, and the Bollinger Bands moved in parallel, and KDJ spread downward. In terms of operation, it is recommended to go long with a light position near 29500, with a target of 29800-30100, and go short with a light position if it does not break 30500, with a target of 30100-29600, 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 1905 and its low was around 1857. Ethereum continues to be mainly linked to Bitcoin and is in a weak oscillation in the short term. It is currently entering a convergence zone and the trading volume is also relatively low. Under the condition of Bitcoin’s weakness, it is difficult for Ethereum to break through upward.
The daily level is in an upward trend. Yesterday, a small positive line was closed. The Bollinger Bands are running parallel, supported by the lower Bollinger Band 1825. The 4-hour level enters the convergence mouth. The Bollinger Bands are running downward, suppressed by the upper Bollinger Band 1900, and the MACD volume is sluggish. In terms of operation, it is recommended to go long with a light position near 1850, with a target of 1880-1910. If the attack on 1930 is not broken, a light position can be shorted, with a target of 1900-1860, and a stop loss of 25 points each. The market changes in a myriad of ways, and the specific operation is mainly based on real-time strategies.
Disclaimer: The above content is personal opinion, the strategy is for reference only, not as an investment basis, if you follow up at your own risk. #荣耀时刻 #大西瓜社区 #BTC $BTC
