A rate hike of 25 is basically confirmed. In any case, the long-term trend remains bullish. 28696 is the 0.618 retracement of the previous trend. If this position is easily broken, the level will be 44000. Take one step at a time, the plan can never keep up with the changes. The collective thunderstorm of banks is something no one expected. The more chaotic they are, the better the safe-haven assets will be. BTC's daily moving average of 144 has begun to curve upward. If it does not break, it will wait for a sprint. At present, it should mainly fluctuate slightly. The price has broken through Bollinger and is on the upper track, indicating a strong form. If it is strong, it is possible to test 32,000. The current daily price is above all moving averages, and the probability of a deep decline is unlikely.
Rate hike by 25%, in line with expectations, good for #BTC Raising interest rates by 50%, clearing bank leverage, capital hedging, good for #BTC 100% interest rate hike, global panic, asset sell-off, good news for #BTC Raising interest rates by 10,000, the current economic system collapses, good for #BTC Cutting interest rates by 25%, the Fed turns dovish and releases water, and increases the risk of inflation, which is good for #BTC Cut rates by 50%, inflation is unstoppable, good for #BTC Cut interest rate by 100, USD will lose its world currency status, good for #BTC 10,000 interest rate cut, current economic system collapses, good for #BTC
The market is under strong pressure near 30,000 and is currently overbought. Pay attention to the short-term trend. If it falls below the 144 moving average in 1 hour, you will have to reduce your position. If it doesn’t fall below, it will be fine, just keep an eye on BTC. It is difficult to sell at the highest point and buy at the lowest point. The pie is already showing signs of departure. There may be a relatively large retracement on the daily line, so if the short-term trend goes bad, get out first. If the market falls sharply and continues, you can make a short-term move. The Federal Reserve announced its resolution on the 23rd, and there may be a retracement at this node. If it is unfavorable, it will pull up again. At present, the market should be considered to have effectively broken through 25200. If the support is pulled back, it will run between 25200-32000 for a period of time. The 4-hour indicator has diverged from the top, and may retrace again near the 4-hour 144 moving average. $BTC will touch 42,000-45,000 this year.
I have a full position and am optimistic about the market outlook. From last night to today, I have successively bought my positions. This may be the last chance for a four-hour retracement. Within one day, two projects, ARB and SpaceID, announced their plans for listing. After several months, Binance finally welcomed IEO. Lens, zkSync, and StarkNet are expected to be fast, and a partial bull market in the first half of the year may be coming. Spring is blooming, spaceID and ARB are online, indicating that the project side is optimistic about the market outlook🐂
Reduce your positions when you are crazy, and slowly increase your positions when you are panicking. Metaphysics of coin selection: Coins with T are more powerful🤣🤔 Domestic coins will be focused on this month and will be shipped next month.
I really like a saying from a currency circle player: Huh? The logic of the current market rise is driven by risk aversion. CPI will be announced tomorrow night and interest rate cuts are expected. 20,500 yesterday and 24,500 today. The last time the pie rose by more than 20% in a single day was three years ago. Deep in the currency circle, the sound in your ears is too noisy. Don't worry about it. Don't listen. Move forward and listen to your inner voice. On January 3, 2009, Satoshi Nakamoto wrote in the Bitcoin genesis block "The Times 03/Jan/2009 Chancellor on brink of second bailout forbanks." I don’t know how many people read my tweet yesterday. I said don’t forget how Bitcoin was born🐣Bitcoin came out just to defeat the banks. Don’t forget your original intention🙏🏾 #BTC #crypto2023
Only when it falls can it have a chance to rise. The current daily support of the market is 144. It is best to test below 18500 and then return to the 144 moving average. It has deviated from the mid-term 20-30 day line above. It is estimated that after the non-agricultural data comes out in the evening, there may be a short-term rebound. CPI dropped for the second time on the 14th, and then rebounded mainly in the second half of the month. After March, April and May took off, continuing the market trend in the first half of the year.
Still love it? Return to Hong Kong? And LSD? Still L2? Still halved? Is it still private? Return to the metaverse? Still GameFi? Still in VR? Still storing it? Do you want to upgrade in Shanghai? Still BtcFi? Still NFT? Still Web3? Also a huge pump? 🌚
My spot bargain hunting this morning: $STG $AURA $AGLD $COCOS $DUSK $ILV $UFT $RSS3 $PERL
Operate with caution in the recent market, rest first, and see if there are any opportunities to buy bottoms on the weekend, seek stability first, have a happy weekend everyone❤️👨🏼💻
SVB invests $91 billion in deposits in long-term bonds such as U.S. Treasuries. These bonds were originally very safe, but then in order to curb inflation, the Federal Reserve violently raised interest rates one after another, causing U.S. bond yields to rise. The bonds in SVB's hands depreciated sharply and suffered serious losses. Data from the Federal Deposit Insurance Corporation show that the U.S. banking industry has incurred $620 billion in unrealized losses on securities held due to rising interest rates. Second, deposits at the technology startups that SVB mainly serves are declining. 🇺🇸 Panic continues to spread, and three institutions including Coatue, USV, and Founder Collective recommend that companies withdraw funds from Silicon Valley Bank.
In any case, the early low point is definitely suitable for entering the market, so there is nothing to panic. It just depends on whether it can give everyone a good position to copy. #crypto2023 #BTC