The Federal Reserve's decision is about to come, beware of the bears' efforts! 6.18 Bitcoin Aunt's strategy
At 2 AM the next day, the Federal Reserve will announce its decision, and at 2:30 PM, Powell will hold a monetary policy press conference. The market expects a high probability that the Federal Reserve will remain unchanged this time, it just depends on Powell's attitude to affect the price movement! Currently, the situation in Iran is becoming increasingly tense, and Trump is clearly leaning towards Israel. Trump issued a statement demanding Iran's 'unconditional surrender' and warned of possible strikes against Iranian leaders. At present, Iran does not seem to have any intention of backing down. The escalating tensions have caused bears to retreat, and yesterday's shorts have performed well, join in and profit!
The daily line has two days of closing with long upper shadows. Although funds continue to flow into the ETF market, the geopolitical risks have intensified, and prices have not rebounded strongly. The daily line closing still looks bearish, so for intraday operations, Conan suggests focusing on shorting during rebounds. The upper pressure levels to watch are 106200, 107700, 109000, and 110000, while the lower support levels to watch are 104000, 103000, 102000, 101000, and 100000.
6.18 Bitcoin trading strategy: For intraday rebounds, enter short at 105500-105800, conservative traders at 106200-106500, with a stop loss around 107000, targeting 105000-104500-104000-103000, and if broken, look at 102500-102000. Continue holding if broken, depending on the situation!
6.18 Ethereum trading strategy: Aggressive traders short around 2550 on rebounds, conservative traders enter at 2580-2610, with a stop loss around 2650, targeting 2500-2470-2450, and if broken, look at 2430-2400, continue holding if broken, depending on the situation!
Long position strategy: For intraday Bitcoin pullbacks, add one lot at 102500-103000, with a stop loss at 102000, targeting 104000-104500-105000, and if broken, continue holding depending on the situation!
For Ethereum pullbacks, enter one lot at 2400-2430, with a stop loss around 2380, targeting 2450-2480-2500-2530, and if broken, adjust the stop loss depending on the situation!
In the midnight, the price of cryptocurrencies rebounded slightly, and the long entry points were only slightly different; shorts made a big profit, and long points could also yield some returns. If the Federal Reserve does not cut interest rates, then the rebound strength of prices will be limited. Coupled with the unfavorable international situation, funds may lean more towards the gold and oil markets. Everyone should pay attention to the risks! #美联储FOMC会议 #以色列伊朗冲突 $BTC