Powell's "Hawkish" Speech Shakes the Market!
Detailed Long and Short Strategies for Bitcoin Last Night 20:40 Powell Sent Strong Hawkish Signals: Clearly stated that he would reverse the previous easing tone, emphasizing the determination to "not flood the market" until inflation is controlled at 2% before considering interest rate cuts. These remarks have caused market turbulence, with cryptocurrency facing directional choices in the short term.
🍎 Key Levels and Trading Strategies for BTC Breakout Bullish Signal:
Breakout above 104074 USD, and if the hourly closing price stabilizes at this level, one can go long on the right side, with a stop-loss if it breaks.
Breakout Bearish Signal: If it falls below 103634 USD and the pullback cannot recover, one can go short on the right side; if the price recovers within this range, stop-loss is needed, and one should closely monitor volume changes.
Light Position Long Opportunity: If 102511 USD shows a false breakout and quickly recovers, one can take a light position long, with the false breakout low point or breaking below 101693 USD as the stop-loss point; if it cannot recover, abandon the long position.
Key Resistance Levels:
Hourly level needs to break and stabilize above 104602 USD; otherwise, it will be difficult to reach the upper target of 105580-106430 USD.
Short Warning: If 105864 USD shows a 2B false breakout pattern, one can take a light short position; stop-loss if it stabilizes above 106501 USD.
Conservative Strategy: Wait for the support level at 101426 USD to set up long positions, with a stop-loss below 100668 USD.
🍎 Market Outlook and Risk Alerts Resistance Levels: 104607-105412-106109 USD Support Levels: 103320-102352-101426 USD If it falls below 103458 USD at the 4-hour level, the downside may open up to 102795-101513 USD.
Volatility Characteristics: There is a high probability of continued consolidation during the day, with severe fluctuations likely concentrated in the nighttime period; trading must be cautious of the capital flow effects following Powell's speech.
Trading Discipline: The double kill market yesterday indicates that chasing highs and cutting losses easily leads to a "sandwich effect"; it is recommended to build positions in batches based on key levels, strictly execute profit-taking and stop-loss, and avoid emotional trading.
