The Federal Reserve remains unchanged, how will the market move next?

May 8, 2025 08:14:09

1. 【Market Review (Wei Bo: Listening to Wind and Rain for Detailed Video Analysis)】

Market Review: Yesterday, it was mentioned to pay attention to the evening U.S. market leading the cryptocurrency market to decline, be cautious of risks and avoid chasing highs. The price of Bitcoin started to fall in the evening, reaching a low of 957 before recovering to the support level we discussed at 955. The Bitcoin ETF ultimately closed with a bearish candle, facing pressure at resistance and failing to break through continuously. The market is about to enter a range-bound phase again, with insufficient liquidity at higher levels to achieve a valid breakout. Ethereum, on the other hand, is weak, following the decline without any upward movement. In the early morning, the Federal Reserve meeting remained unchanged, which means that the flow of funds in the market is still at status quo, and no new liquidity has emerged, so any further rise will require waiting. A reminder: when going long, do not enter at high levels!

2. 【Daily Market Analysis】

1. BTC 4-hour Real-Time Market Judgment Strategy Layout

The current volume of Bitcoin is still decent, but it has not effectively broken through, indicating that this price has entered another controversial phase. Without new liquidity, a new normal distribution cannot achieve a phase jump, so the trend does not continue, and it will remain in the range of 97-95. The Fibonacci retracement shows resistance at 986 and support at 955.

2. ETH 4-hour Real-Time Market Judgment Strategy Layout

Ethereum's current situation has completely derailed. The upgrade has not brought much to Ethereum, so the rise of an ecosystem is not about just doing something; it’s about gaining recognition from market funds that is key. Without fund support, everything is in vain. Currently, Ethereum has returned to the range-bound phase, with a head and shoulders pattern. There is volume but no price; after the SKDJ golden cross, it crosses down again, eventually needing to return to value. The Fibonacci retracement shows resistance at 1890 and support at 1730.

PS: Clearly defined strategy points can be found on Wei Bo (Listening to Wind and Rain) Fan Group #比特币走势分析