In the early morning of March 20, the Fed's interest rate decision met expectations. Although there was no rate cut, it announced a balance sheet reduction starting in April, which is good news for the financial market. With the Fed's policy in place, Bitcoin successfully broke through the 85,000 consolidation area, and Ethereum also rose above 1970, opening up space for subsequent increases. However, most coins have already risen by nearly 10% in the short term, and appropriate pullbacks for consolidation will be more beneficial for healthy increases.
A new round of upward space has opened; pullbacks are a good opportunity!
Although news may accelerate market changes, the current technical structure does not support sustained increases. After the price touches the second resistance level (MA30), it retreats. From the daily perspective, the price encounters resistance at MA30 and remains in the fluctuation area without a breakout. Therefore, until there is an effective breakout of MA30, it is recommended to consider bullish positioning after a pullback.
From the 4H to 12H trend, although it has broken through the previous fluctuation range, a local bullish structure has formed, but the upside space is limited. Without breaking through at a larger scale, it is difficult to form a linked structure in the short term. If there is a pullback, support below can be used to catch a rebound.
The 1H level also shows that the retreat after the rise is normal; a bullish structure has already formed, so consider going long at lower levels on the first pullback.
Summary: The large scale has not broken through, but the short-term bullish candles have provided rebound space. Combined with the small-scale bullish structure, positions can be built in batches during pullbacks.
Let's take another look at the overall situation of altcoins: most coins have already risen nearly 10% in the short term, and appropriate pullbacks for consolidation will be more beneficial for healthy increases.
ETH Attention to Pullback Support:
Around 1997 (previous high spike point)
Around 1960 (upper edge of previous consolidation area)
These two positions are both good breakout pullback entry points, with stop-loss set below the previous consolidation area. If it falls back into the consolidation area, market trends need to be reassessed.
The Fed's good news has been anticipated in advance, did you grasp this wave of surge?
BNB Chain voting for new listings has begun, and the community draft battle has started!
BNB Chain 'Big Brother' strikes again, launching a seven-day voting campaign for new listings, allowing the community to hold ballots and decide which two projects can be listed on Binance Spot. This not only enhances user participation but also represents a contest of hard power among project parties, where the final vote count determines everything, and the winner takes all.
Voting Rules: Main account must hold ≥0.01 BNB, with a maximum of 5 votes per person.
Listing Conditions: Among the 9 shortlisted tokens, the 2 with the highest final votes will be successfully listed.
Current voting landscape:
1. Mubarak: The trigger point of the BSC wave, its launch is basically stable.
2. 714: Ranked second, with strong community cohesion.
3. TUT: CZ has subtly 'supported' it multiple times, emphasizing its AI track and practical applications; the project team is dedicated, making it worth attention.
This vote is not only about new listings but also impacts the future of the BSC ecosystem; the next few days will be a critical battlefield!
Voting situation overview: the differences among participants are not significant, and community enthusiasm for vote campaigning is high.
Voting has been open for a day, here are my personal comments:
Apart from $Mubarak with over 20%, the other projects have small differences, with no obvious laggards.
The number of voters is not as many as expected, possibly due to difficulty finding the entry point or that most are observing.
Some community members are actively campaigning for votes, such as the impressive efforts for $Koma; this is the situation Binance hopes to see.
Some project parties are starting to show strength, with prices generally rising, but there are also wild speculators taking advantage to pull down and harvest, causing significant market volatility and excitement.
A statement from CZ ignites the AI track; is BSC still looking at CZ's face?
When CZ mentioned AI, $TUT, $AICELL, and $TSA rose sharply, especially $TUT, which multiplied directly after the voting for new listings, demonstrating that the BSC ecosystem continues to revolve around CZ. In addition to the already noted Sahara AI, there are two new AI projects worth researching recently.
AIVilleWorld (AI + Game) - An AI game based on Telegram, where NPCs have independent personalities and can be trained, even able to bargain with players. Current gameplay focuses on tasks, collecting coins, and farming, with potential for more innovative models in the future.
Cooker (Music AI Agent Platform) - An AI music creation platform within the BNB Chain ecosystem, where each creator can have their own AI agent and issue their own tokens. A statement from CZ may hint at big opportunities in this field.
A new round of new listings on Binance has begun, and participation may offer profits, but pay attention to selling pressure.
Binance has started new listings again, and participation generally yields some returns, but be aware that BNB participation may face selling pressure. If you want to avoid risks, consider opening a hedge.
It is recommended to deposit 3 BNB in each wallet to participate in new listings; every time, it is giving money to participants.
Participation method: Open Binance - Web3 wallet - Participate through exclusive Pancake.
Summary: Currently, the most noteworthy trend in the market is this wave of MEME storm on BSC.
If CZ truly aims to create a meme king IP, the four top memes may see tenfold potential. CZ knows that to activate his 'pump.fun', pulling up is the only shortcut, and with strong market maker support for BN, the probability of success is higher.
If you are just entering the market, come find me, follow me, and I will teach you to learn while you operate; if you are already in a less than ideal situation, you can come to me for help, and I won't let you make the same mistake again. If your positions are trapped, I will help you unwind them reasonably based on your entry points. Because everyone has different trapped points, the unwinding methods will also vary; some are suitable for conservative investors, and some for aggressive ones. I will definitely use the most appropriate methods to genuinely solve your problems and assist you in exiting.#美SEC澄清PoW挖矿监管立场 #美联储3月利率决议 #特朗普数字资产峰会演讲 $XRP
