3.16 Next week's decision is super important. Before that, the market will wait for one last shot at 86; if it can't go there, it will be dangerous.
Next week's market will experience many uncertain factors; it will be quite crazy. It's possible that the bottom of this round is formed now, mainly because what Trump is doing is to force Powell to accelerate rate cuts or end QT early. Therefore, this round of Federal Reserve interest rate decisions is very important. Before Thursday, the market will likely explore the bottom and continue to fluctuate for a while.
The US stock market is currently experiencing artificial bubble elimination, but too many stocks still have a significant bubble. The PPI data is fairly good, reducing inflation from the production side. However, the problem arises: once tariffs are imposed, the impact of import tariffs will continue to push up inflation in the US, expected to last at least three months.
BTC Daily - 4-hour level market analysis
Bitcoin is fluctuating within a range in the short term. If it cannot test the highs around 86000, and the low of 82700 hasn't been tested either, the market is a bit strange. There's no liquidity over the weekend; it's best to wait until tonight to try going long at 82700. The upper side is still waiting to short around 86000. If it still cannot reach that level, the upcoming market conditions won't be good.
ETH Altcoin analysis at various levels
Ethereum is particularly weak, and I just caught it perfectly. If it can't go above 1940, it's like Thor's hammer bringing it down. The support position at the bottom is around 1850, with a mid-line position near 1900. Still looking to buy around 1840, and just short above. However, is there still a chance to go up in the short term at 1940?
The market is chaotic; please pay attention to the risks.
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