#加密市场回调
The big pancake just received the up and down celestial needle Yang line, with a high of 81.2K and a low of 74.4K, fluctuating back and forth by 7000 points.
After experiencing a violent drop yesterday, the global financial markets were shaken. The Federal Reserve held an emergency closed-door meeting at 11:30 PM last night to discuss interest rate cuts; as of 4 AM this morning, the US stock market closed with a rebound in the three major indices, and the market is gradually warming up, but still vigilant about the market's potential further inducements to test the bottom again. Overall, a rate cut in June seems to be a certainty.
The big pancake formed a rebound and created a V-shape after touching the monthly support line at 74.4K yesterday. Currently, the upward small pressure is at 81.2K; only by breaking through and stabilizing can we look at 83.5K and 85K. The effective support below is at 77.3K, 76.5K, and 74.4K; the upward trend line resonance point is at 84K. One can choose to open a high position in the range of 83.5-84K, with a stop loss at 84.6K, targeting 82.2K and 81.2K. Conversely, if it retraces to the support below without breaking it, one can enter a long position accordingly, still mainly focusing on low long and high short positions, with a stop loss in place.
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