This week's core focus of the market undoubtedly centers on the Federal Reserve's monetary policy decision during the period from Wednesday evening to Thursday early morning.
Recently, the geopolitical tensions between Iran and Israel have continued to escalate, pushing the international crude oil prices to climb more than 40% cumulatively. The significant rise in oil prices has directly intensified the market's concerns over a rebound in inflation.
Against this backdrop, the market generally expects the Federal Reserve to maintain the benchmark interest rate at this monetary policy meeting, but may signal a tightening policy stance by strengthening the expectation of the transmission of geopolitical risks to inflation pressures.
Such policy statements may increase the risk of volatility in the financial markets, and investors need to prepare for risk hedging in advance.
From the performance of the cryptocurrency market, Bitcoin's intraday trading should focus on the key resistance level in the range of $105,000 to $106,000.
If there is a failure to effectively break through this price level, it may face short-term downward pressure, with support levels referenced in the $100,000 to $102,000 range, which may trigger a technical rebound.
The current market environment exhibits a characteristic of intertwining bullish and bearish factors: the risk aversion driven by geopolitical conflicts countered by expectations of policy tightening. Traders need to closely monitor price performance at key technical levels and manage their positions dynamically.
