5.7 Zhang Lihui: Federal Reserve interest rates, Old Powell's meeting, is there a chance for major players to crash the market behind three consecutive unemployment claims? Tonight's (BTC, ETH) market analysis and trading reference! #美联储FOMC会议 #BTC #BTC走势分析 #BTC、 $ETH

Zhang Lihui edited at 19:37 Beijing time on May 7: Ethereum market analysis and trading suggestions:

Bitcoin broke through the 4-hour MA30 and MA60 resistance this morning, so the short positions set earlier are invalid. We will wait to enter above the previous high near 97400, and we are currently holding profitable positions. Fans who have added Lihui can see real-time updates. I wonder if everyone has profited. The stop loss should be moved to above the previous high as planned; if it breaks, we will take a small loss and not hold. A rebound will provide an opportunity to enter short positions, and the profit potential below is even more considerable, so it is relatively cost-effective! If the second peak is successful, we will at least not be too far off with our stop loss! If it breaks, continue to adjust the opening price upward;

Ethereum has also been under pressure from EMA300 on the 4-hour chart and has failed to break through. This position is also a good point to open a short position. If it breaks, you can still exit with a small loss. If it breaks above, it may reach above the daily EMA60 position, and the second short position can also be considered at this location; the current position and Bitcoin cannot be opened simultaneously, and it is not recommended to chase long positions. If the Federal Reserve interest rate is favorable and it finishes ahead of time, then this position is a high trap; do not chase bullish, which is a basic trading rule!

Today's suggested short position: continue light shorting above 1835, stop loss remains above the previous high, target 1770-1730; if it breaks 1720-1700, you can continue to hold! If stop loss is triggered, you can continue to adjust to the opening price, and it is not recommended to chase long positions!

There may be delays in article review and push notifications, and the market changes rapidly. Specific entry opportunities must be combined with real-time operations, with real-time notifications as the standard; the suggested positions in the article are for reference only, do not operate with heavy positions, and please set take profit and stop loss when entering, and take profits when they are good!