Not everything has a right or wrong, and not every fluctuation has profit. Just do what you are good at and wait until you believe it. The market is like a mirror, showcasing everyone's character vividly. Time will score everyone; you must learn to accept and enjoy.
Hello everyone, I am trader Gege. Continuing from the last session, the result of the meeting early this morning met expectations. Old Powell is truly a master of Tai Chi. He may lower interest rates or not; his viewpoint is to see the impact of the S policy on the market to make specific decisions. He also stated that if there is no S policy, market expectations would be better, and rate cuts would come sooner. There are still many uncertainties, and implicitly it seems to shift responsibility to Trump. The meeting news did not have a significant impact on the market. The previous short-term long positions (long at 103500, long at 2480) from Auntie Bitcoin once again yielded good results.
The overall technical structure has not changed, and there is not much to say about short-term expectations. Let's stick to the previous thoughts and chat concisely. Auntie Bitcoin continues to be under pressure from the MA and the middle track on the daily level. As long as this line is not broken, it will be difficult to reverse temporarily, maintaining a weak oscillating pattern. Since the support below is temporarily effective, let's wait for another opportunity. If it breaks, look for new support to enter, such as near the MA60 and lower track on the daily chart. Here, I want to emphasize again the interpretation of the weekly chart, which was discussed in detail on Monday. Friends in need can review it.
Auntie's technical daily level is currently blocked by MA7, and there is also pressure from the middle track above. In short, Gege believes that the breakout node of the box structure is getting closer. Friends relying on the box for short-term entry should do the necessary planning. For shorts, the same principle applies to Bitcoin, wait for another opportunity at the support zone below, and if it breaks, refer to the MA60 on the daily chart. Friends who like to study the weekly chart should know that Auntie's weekly knowledge is profound. Is it an opportunity or a trap? As old Powell puts it, there is a lot of uncertainty; it depends on what you believe. Regardless of what you believe, managing risks is always right.
Bitcoin: Look for longs at the 104100-103500 line, and if it breaks, look for longs at the 102000-101500 line, targeting 2000-3000 USD. Look for shorts at the 105800-106600 line, targeting 2000-3000 USD.
Auntie: Look for longs at the 2490-2460 line, targeting 80-100 USD. Look for shorts at the 2580-2620 line, targeting 80-100 USD.
The suggestions are for reference only. Ensure good risk control when entering the market, and manage your profit and stop-loss space accordingly. Specific strategies should be consulted during trading.
Alright, friends, we will say goodbye until next time. I wish everyone to do better and have a bright and smooth future in the crypto world! More real-time advice will be sent internally. Today's brief update ends here. For more real-time advice from Auntie Bitcoin, find Gege.
Article by: I am trader Gege. A friend willing to help you make a comeback.
