Currently, the TRUMP market is performing extremely weakly, the downward trend has reached a freezing point, and liquidity is also not ideal. Although a W-shaped bottom pattern was previously formed, the subsequent rebound was weak, and it quickly turned back into a downward channel. However, from the 4-hour K-line chart, the lows are still showing a gradual upward trend, which is a signal that should not be ignored.
Market rules are often like this; when a particular investment target falls into a state of being neglected, a new round of rebound often quietly brews. At this moment, it is a test of investors' courage and vision.
Overcome inner fears, decisively arrange medium-term long positions around the 7.6 line, set the stop-loss at 7, and aim for targets above 10! $TRUMP
From the pancake liquidation map, it currently shows a trend of oscillating rebounds. 1051 is a key liquidation price for the bears, and it is highly likely it won't hold up through the weekend. Friends who still haven't taken profits on their short positions can consider going long with $ETH $BTC .
The current price of SOL is 143. If it maintains the strong support at 142 this evening, it will likely see a rebound again. Defense can be set at 141 to prevent a false breakdown, with targets looking at 155-158-160. $SOL $BTC $ETH
Dogecoin DOGE daily chart has entered a double bottom pattern, this position still has strong support, the current price around 0.17 can be used to build a long position, short-term target is 0.18, medium to long-term target is 0.2-0.22$DOGE
The pancake has moved out of 1500 points with over 1040 units, successfully reaching the first target. Next, if it can stabilize in this area, it will continue to rise; otherwise, a short position can be opened at $ETH $BTC .
The short liquidity of 107k has been continuously increasing, while the liquidation zone of 102k has also completely accumulated.
According to the recent market volatility, one of these two positions will definitely be chosen for liquidation on Friday; it just depends on which side can hold $ETH $BTC .
Yesterday, the US stock market was closed, and Bitcoin hardly had any significant fluctuations. Taking advantage of the narrow oscillations, one can make several short-term trades, gathering sand into a tower, accumulating small amounts into a larger sum;
Behind the calm, a storm may be brewing $ETH $BTC #鲍威尔发言
After dipping to 1039 in the early morning, the price quickly rebounded to around 1047. The hourly chart indicates that over the past two days, the price has remained within the 1033-1055 range, with alternating bullish and bearish candles. Both the resistance level above and the support level below have not been effectively broken through. As of now, there has been no strong one-sided trend, and although the current rebound trend is relatively slow, the trend signals are beginning to emerge. We can continue with yesterday's strategy today.
Enter long at 1035-1038, target 1055/1065; if it doesn't break, then reverse to short. $ETH $BTC
The short-term pattern of Ethereum remains basically consistent
After stimulation from news, there is still no real breakthrough; coupled with the fact that US stocks are closed today, the wait-and-see sentiment will be quite strong
Subjectively inclined to test the upper trend line resistance, there are expectations for a pullback. Going long at 2500-2510, looking up at 2560-2580. #鲍威尔发言 $ETH
DOGE is silent, but the chips have quietly changed hands
From 0.2 to 0.17, most people think it's over, but on-chain data has long shown: retail investors are selling, whales are buying.
DOGE's silence is a strategy, not a death.
When everyone stops discussing it, it becomes the most dangerous because the major forces love this "no one is watching" environment, and then quietly pump it, triggering an explosion. The threefold target is quietly approaching. $DOGE
In the field of technical analysis in the cryptocurrency market, the application of the Fibonacci sequence is like a magical key!
From the chart, we can see that different Fibonacci retracement levels have different meanings. 38.2% is marked as a low probability area, while 61.8% is a high probability area, and 78.6% - 88.6% is an extremely high probability area.
The sell area in the chart, which is between 78.6% - 88.6%, suggests that this position may be a good selling opportunity.
There are also manipulated areas and areas with no market fluctuations, which can help us better understand market trends.
However, the trading market is ever-changing, and we cannot rely solely on Fibonacci levels for decision-making; we must also combine other indicators for comprehensive judgment $ETH $BTC #鲍威尔发言
The early morning meeting was relatively neutral, with Mr. Bao reiterating that interest rate cuts depend on the data. The dot plot still indicates two expected rate cuts in 2025, which is better than some pessimistic market expectations, boosting the probability of a rate cut in September.
The Bitcoin turnover rate has slightly increased, mainly due to short-term investors responding to geopolitical risks. The chips around 105k continue to accumulate, and the anticipated sharp rises and falls have not occurred, showing low enthusiasm for breakthroughs.
This speech has a high artistic component, no wonder he can hold this position...$BTC $ETH #鲍威尔发言
From a recent perspective, the amount of USDT flowing into exchanges has not shown a stable increase; one could only say it barely maintains at the moving average level. It is evident that purchasing sentiment has significantly diminished, especially when compared to last year;
The same situation is reflected in the USDC data. Although the reduction in funds does not appear to be substantial, we know that American and European investors dominate the cryptocurrency market. Therefore, USDT has much lower weight compared to USDC, and there has been a shrinkage compared to two or three months ago. These factors may be one of the reasons for the decreased purchasing power of Bitcoin. $ETH $BTC
The early morning interest rate decision aligns with expectations; there will be no rate cut in June, but the two previous rate cuts remain unchanged, resulting in a relatively small overall impact. Powell's speech also indicated that the economic situation is not as bad as it seems and did not provide excessive commentary on interest rates. The flight situation is gradually recovering.
Returning to the pancake market, yesterday's dip did not lead to a further decline; it tested the bottom support at 1033 without success, and the low is gradually recovering. Currently, there is a certain upward structure, and although the pressure at 1055 has not been broken, it is only a matter of time. Today's main strategy is to enter from low positions, with short positions as a supplement. We will choose to flexibly switch based on the breakout situation of the oscillation range.
Pancake trading strategy: Enter at 1036-1040, target 1055/1065. $ETH $BTC #美联储FOMC会议