6.18 Evening Thought Analysis

The 4-hour price is in the overall upward channel. The recent oscillating upward trend is obvious. The current market momentum is biased towards bulls, but there is still a possibility of a certain oscillation correction

The secondary indicator MACD: DIF line crosses the DEA line, and the red column gradually increases, indicating that the trend is biased towards bulls, and the price has further upward momentum. The key depends on the heavy attack of FOMC at 2 a.m.

Is it a blessing or a curse? Is the turning point coming or the oscillation continues? Historical data shows that the fluctuation in the 2 hours after FOMC accounts for 70% of the full-day amplitude

02:00 Fed interest rate decision one-point array chart is revealed 02:30 Fed Chairman Powell press conference

Main market expectations: The Fed is likely to maintain the current interest rate unchanged. If the expectations are fulfilled, Bitcoin and US stocks may experience a deep correction, laying the groundwork for the September interest rate cut; once the "black swan" of an unexpected interest rate cut occurs, the BTC price may strongly break through the $120,000 mark!

Operational suggestions: long orders near 104000-104500 for big cakes, and the target is first seen near 106500.

Ethereum operation suggestion: long orders near 2490-2510, target around 2580. #BTC