The market has once again arrived at a moment of impending turmoil. That price curve, which carries countless hopes and fears, seems to be perched on the edge of a cliff: take a step forward, and you may see vast seas and skies, radiant and glorious; take a step back, and it is a bottomless abyss, with dust obscuring the sun.
Across the ocean, the new policies of the 'Beautiful Country' have landed with a thunderous momentum, injecting a booster shot into domestic enterprises, and the macro outlook momentarily resembles the dawn breaking. However, the undercurrents beneath the policies still surge, as the power struggles among giants and the subtle shifts in the political landscape are like stones thrown into the lake's center; they may not immediately shake the century-long course of the 'Constitutional Giant Ship,' but they have disturbed the established order and added variables. The complex intertwining of long and short signals creates a foggy future.
Examining the king of currencies: the price has successfully risen above the critical upward trend line, and the candlestick chart reveals an ambition to attack again. However, what is alarming is that trading volume has not surged in tandem, appearing rather tenuous. This feels more like a carefully laid test rather than a thunderous breakthrough charge. If bears set traps at this moment, they must remember to set a 'stop-loss' talisman—survival is of utmost importance for the hunter at the cliff's edge! Above, the $110,000 mark converts into a heavy dome of pressure.
On a short-term basis, the MACD golden cross has suddenly appeared, and the green momentum bars slightly peek out, suggesting a potential rebound in the short term. But is the rebound a trap? Strategically, one could attempt to establish short positions near key resistance levels, setting a firewall and targeting the support area below.
What requires even more vigilance is that the balance of greed and fear is rapidly tilting towards the frenzied side! Sentiment indicators are nearing the edge of danger like boiling water. At this moment, blindly chasing the rise is akin to dancing on the edge of a blade; entering the spot market requires waiting for calm waters. Even with violent short squeezes, rational investors should view them as the call to hunt in the high sky.
Follow me for updates, so you won't miss any first-hand information! Let's enjoy the bull market feast together!