4.30 The monthly line will be closed, a big fluctuation is about to come, risks continue to intensify

Macroeconomic:

PCE↑ (higher than expected) → Inflation warming up → The Federal Reserve may raise interest rates or delay rate cuts → US dollar strengthens → Bitcoin (risk asset) falls.

PCE↓ (lower than expected) → Inflation cooling down → The Federal Reserve may cut interest rates → US dollar weakens → Bitcoin (anti-inflation asset) rises

Waiting for macroeconomic results.

Technical:

The major market trend after the breakout is nearing its end, be cautious of risks with tail spikes.

BTC daily - 4-hour level market analysis

Bitcoin is currently in a volatile range, with persistent pressure around 95500 above, and bottom support around 92500 below, fluctuating back and forth. However, the risk is relatively high tonight. If short, I still recommend shorting around 96400 with me to see if it will drop. If it doesn't drop and instead rises, then it's time to chase the long on the right side.

ETH altcoin analysis

Ethereum is a bit stronger, but still weak. Resistance is around 1850 above, and support is around 1750 below. If it breaks below 1680, I recommend going short.

The market is chaotic, be cautious of risks. #特朗普就职百日