Lin Ge's Night Market Outlook, always remember to follow the strategy, take profits for safety ❤️
1. #BTC expected range 103500-107000, expected trend is a pullback and then rise;
2. #ETH expected range 2350-2480, expected trend is a pullback and then rise;
3. Monday 21:45 US PMI Manufacturing Index
Tuesday 01:00 Trump meets with the National Security Team
Tuesday 22:00 Powell gives a monetary policy speech
Wednesday 22:00 Powell gives another monetary policy speech
Thursday 21:30 US Q1 GDP
Friday 20:30 US May Core PCE Price Index Year-on-Year
Friday 22:00 US June One-Year Inflation Expectations
The important scheduled events are the data/events on Tuesday, Thursday, and Friday
The situation not on the schedule is the impact of the Middle East situation
【Market Analysis】
① The situation in the Middle East has suddenly changed, Israel-Iran has reached a ceasefire agreement, causing the market to relieve risk aversion sentiment and rise sharply.
Although it may tear up the ceasefire agreement and restart hostilities in the future, it should calm down a bit in the coming days. Therefore, we are temporarily bullish on the market.
② Tonight at 22:00 Powell will testify on the semi-annual monetary policy report before the House Financial Services Committee, expected to be bearish, likely causing a【short-term drop】, which should create a good opportunity to go long.
③ Today we expect a pullback followed by a rise.
【Strategy】
Wait to go long when it drops near the lower edge of the range.
Friday 22:00 US June One-Year Inflation Expectations
The important scheduled events are the data/events on Tuesday, Thursday, and Friday
The situation not on the schedule is the impact of the Middle East situation
【Market Analysis】
① The situation in the Middle East has suddenly changed, Israel-Iran has reached a ceasefire agreement, causing the market to relieve risk aversion sentiment and rise sharply.
Although it may tear up the ceasefire agreement and restart hostilities in the future, it should calm down a bit in the coming days. Therefore, we are temporarily bullish on the market.
② Tonight at 22:00 Powell will testify on the semi-annual monetary policy report before the House Financial Services Committee, expected to be bearish, likely causing a【short-term drop】, which should create a good opportunity to go long.
③ Today we expect a pullback followed by a rise.
【Strategy】
💣💣💣 Wait to go long when it drops near the lower edge of the range.
