🚨April 30th! Major volatility is coming, risks are escalating!💥
Macro perspective:
PCE increase → Inflation heats up → Federal Reserve may raise interest rates or delay rate cuts → Strong dollar → Bitcoin declines
PCE decrease → Inflation cools down → Federal Reserve cuts interest rates → Weak dollar → Bitcoin rebounds
Technical perspective:
After a market breakout, the big trend is nearing its end, beware of tail risks!
Bitcoin: Upper pressure at 95,500, lower support at 92,500, significant risk tonight, short position looks at 96,400, be cautious!
Ethereum: 1,850 pressure, 1,750 support, break below 1,680 can short.
💣 Market is wildly volatile, tighten risk, stay alert!