Goldman Sachs: The Federal Reserve will not raise interest rates again this year and is expected to start cutting interest rates in the second quarter of next year
Goldman Sachs economists including Jan Hatzius and David Mericle predicted in a report on Sunday that the Fed would not raise interest rates this year and would begin cutting rates in the second quarter of next year.
The reason they gave was that once U.S. inflation approaches its target, the federal funds rate will shift from restrictive levels to normalizing.
Goldman Sachs expects the Fed to skip raising interest rates next month and will conclude at its November rate meeting that core inflation trends have slowed and no more interest rates are needed. Goldman Sachs expects the federal funds rate to eventually stabilize at 3%-3.25%.
Bitcoin once again tests above 3w, is it a lure to buy or is it really bullish?
The market rose to the 30250 line in the early morning and then began to fall back. The current lowest backtest is the 29630 line. As of the time of publication, the currency price fluctuated around 29700. The long order idea that Caesar King laid out for everyone yesterday has been verified, and the pie has gained nearly 1,000 points of space.
Judging from the current market trend at the daily level, the market has broken through the strong pressure of EMA30, and there is no pressure from the moving average above. The strong pressure has turned into strong support, and has begun to return to the bullish trend. At present, the daily level MACD begins to increase the volume of golden crosses, and the KDJ three-line golden crosses continue to diverge. The volume energy of the bulls has begun to be released, and the market outlook continues to be bullish.
In fact, people often think of trading too simply: It is believed that there are only two directions for trading, bullish and bearish, with a winning rate of 50% each. But in fact, the two dimensions of time and amplitude are also important. If you put aside time: it is never wrong to be bullish, it is only too early; it is never wrong to be bearish, it is only too late. The amplitude is also super important: you may have the right direction, but the wrong amplitude. If the amplitude is too large, you will not be able to close the position but will suffer a loss; if the amplitude is too small and you have to take profit in place, you will either sell off or make a backhand order, resulting in a loss. So there are actually 64 directions. From this point of view, the probability that you can get it completely right is less than 2%, which is the difficulty of trading. #荣耀时刻 #ETH #BTC
Time flies so fast, and the weekend is here in a blink of an eye! One night passed, and the market remained unchanged without much fluctuation. Judging from the market trend, there is no new low during the day, and it can rebound to above 29,000 after each bottom, indicating that the market outlook is still bullish. The operation is relatively simple. If it does not break 28500, 28600-28900 is a long position. Look at 29500-30000 and defend the first line of 28300. There will also be more ink on the board during weekends and days. I wish everyone a happy game🌹#BTC #ETH #荣耀时刻
A good circle does not mean that everyone is rich, but that everyone is motivated. It is more meaningful to improve yourself than to look up to others. #BTC #ETH #荣耀时刻
The market continues to fluctuate, how to plan in the morning?
Time flies, and it’s Friday in a blink of an eye. The market this week has been like a roller coaster, with long and short reversals. The market failed to effectively break through the 3w mark. The overall shock range remained at 29,000-30,000. Although the fluctuations were not particularly large, Caesar King also publicly gave everyone good benefits. Yesterday, the big pie entered the market with 29,000 and he got 400 points of space as expected, and the second pie got nearly 30 points of space. Under the limited market conditions, Caesar King also allowed everyone to get the maximum profit.
Let’s take a look at today’s market. Judging from the daily level of the market, the market has fluctuated around 29200 for more than 10 trading days, which is enough to show the fierce competition between long and short here. Judging from the H4 level, it fell again with inertia yesterday and then began to rebound and come out. The triangle shape is formed and an upward trend line is clearly visible below. Then you just need to wait patiently for the breakout. The H1 level is currently in the process of range oscillation. Here you can consider using the moving average bonding breakthrough method to wait for the market to break through and choose a direction before entering the market. During the day, we will temporarily consider the high-altitude pressure of 29500 to support 29000. It should be noted that there is a high probability that the market will close positive today and tomorrow. The morning operation idea is still based on retracing and entering long positions.
The long order idea laid out for everyone during the day has been verified. Currently, the big pie has nearly 400 points, and the second pie has 20 points of space. The release of small non-agricultural data in the evening did not have much impact on the market. The bullish idea remains unchanged in the market outlook, and the defensive zone Let the bullets fly for a while. See you tomorrow at 3w. #BTC #荣耀时刻 #BinanceTournament
Do you know these 15 K-line patterns with extremely high success rates?
On daily trading charts, candle charts (K lines) are one of the important tools of technical analysis. If used correctly, candle charts can give a signal that precedes market action. It is a leading indicator of market activity. Because the K-line chart is intuitive, has a strong three-dimensional sense, and carries a large amount of information, it can fully display the strength of the price trend and changes in the balance of power between buyers and sellers, and predict the market outlook more accurately.
Therefore, many traders will make bullish or bearish decisions based on candlestick patterns, and the success rate will be greatly improved.
Do you know which cryptocurrency is suitable for the next bull market?
The bull market will arrive at the end of 2024 and the beginning of 2025. This may be the consensus of most analysts and retail investors in the market. At present, I also think so, so if you want to layout a bull market, you need to layout it around the end of this year. Spot goods.
When to deploy before the bull market arrives is actually a key question, and the other is which currencies to deploy are also a top priority. The first question was discussed in the previous article, when to deploy, so today I will mainly talk about which currencies are worthy of deployment before the bull market arrives.
I have compiled 12 currencies, including knowledge and rankings
The market is undergoing a serious shakeout. Should we go short or long next?
Good morning everyone, the market has been severely shaken in the past two days, and the fluctuations are still relatively large. After the bulls pulled the market for more than 1,500 points yesterday, it made a large inverted V-shaped retracement. The retracement intensity reached 1,000 points, and it dropped again. to the 28900 line.
Judging from the daily trend, a long hammer star Yang line was closed yesterday, which did not hit a new low. Two dojis were closed at the 4-hour level, and the short-term bullish trend remains unchanged. In one hour, you can see that the bottom is constantly rising, the support below is strong, and the MACD dead cross energy column is shrinking. The KDJ three lines below cross and run upward. In the morning, our thinking is still based on retracement and entering long positions.
How to start cryptocurrency trading for beginners?
If you are new to investing in cryptocurrencies, Bitcoin is the most famous digital currency, and there are thousands of others.
The cryptocurrency market can be a great place to make profits, but there are pros and cons to trading digital assets. Cryptocurrencies have been extremely volatile since their inception. Cryptocurrencies like Bitcoin and Ethereum have surged since their inception but are still well off their highs, as are other popular digital currencies. Here's how to start investing in cryptocurrencies, and the main risks you should be aware of.
This guide will explain cryptocurrency trading strategies and familiarize you with cryptocurrency trading platforms and applications, trading components, trading styles, and the role of technical and fundamental assessment in developing a comprehensive trading strategy. Notably, according to data, there are currently over 300 million cryptocurrency users worldwide.
How long do you think the next bull market will last?
The only condition that can quickly and accurately determine the coming of a bull market: wash away speculation and wash away uncertainty, then the market must collapse at an unimaginable speed, until it breaks the psychological pressure line that most speculators can bear, leaving speculators passively impotent. , professional players take the initiative to achieve a healthy level of the market.
First: Identify the signs of a bull market in the short term
If falling to 15,500 US dollars is a reasonable line to wash out the bubble, then the final drop will be more than 82%, which is oversold. From the moment it falls to the bottom, the bull market has already arrived, and it is coming fiercely. In theory, the worse the decline, the better. The early arrival of the bull market is also a necessary and sufficient condition for rapid rise. Attached (it cannot fall for more than one year, that is, December 2023. A rapid collapse will occur within this time, and it will be invalid after this time)
Good afternoon, everyone. I am King Caesar. I drank some wine last night. When I woke up, the market changed again. It can be said that one day in the currency circle is ten years in the world. King Caesar entered the market yesterday afternoon with an empty order, and successfully reached the target bosom friend position, and got bosom buddy in time. Congratulations to the little friends who kept up with me again, and won 400 points for the big pie and 25 points for the second pie. #ETH #BTC #荣耀时刻
Can 28700 provide effective support? How to plan for the next step?
Good afternoon everyone, I am King Caesar. Today is August 1st, and the market has arrived as expected. The market did not disappoint everyone on the first day of August. Yesterday, the overall trend still fluctuated in the range. It is expected that the market will fluctuate repeatedly. The market rebounded directly after stepping back to around 29,000, reaching a maximum of around 29,500 and then came under pressure again and fell back slightly. The overall trend is relatively consistent with our expectations. In the evening, the market also fell back to around 29,100 as expected. In the morning, there was another sharp shot, and the market is currently running around 28,900.
The 4-hour technical structure shows that the opening of the Bollinger Bands is flat, the K-line is running on the middle and lower rails, the short volume can be moderately large, the current rhythm is still slow, the K-line has turned from two negative to two positive, and the overall trend is weak consolidation, and the market has been maintained at 28700-29500. The region fluctuates within a narrow range. Judging from the current trend structure, the rise is accompanied by a fall, and the fall is at the same time. Got an injection this morning. It has not been physically continued. The overall trend structure is still organized around the range, the intensity of the rise and fall is not too great, and the continuity is not enough. At present, we can still maintain the high-altitude, low-multiple approach to layout.
Non-farm payrolls are coming soon. Will the market rebound or continue to fall?
The U.S. will release its non-farm employment report, and wage growth may slow down
On Friday (August 4), the United States will release its employment report. It is expected that 184,000 new jobs will be created in July, the unemployment rate will remain at a historical low of 3.6%, and average hourly wages will cool down.
The resilience of the job market has been a key factor supporting the view that the economy is heading for a soft landing, in which inflation cools and the economy grows strongly.
Last week, Federal Reserve Chairman Jerome Powell also said that Fed staff no longer predicts that the U.S. economy will recession and that inflation will return to the 2% target without massive unemployment. His comments boosted investor confidence.
On the last day of July, will the market trend move in a timely manner?
Good afternoon, currency friends, today is the last day of July and the first day of this week. After two days of sideways trading over the weekend, the market will start to move. The overall market last week was in a box-like oscillation trend, which also gave us many opportunities to enter the market. Last week, we gained a total of 1267 points from the big pie and 122 points from the second pie. It can be said that we have gained a lot. Congratulations to those who have followed. friend!
The market bottomed out at 29,000 in the early morning and then rebounded again in the morning, returning to around 29,500. As of the time of writing, the currency price fluctuated around 29,400. Judging from the current trend, short positions have not been effective. It fell below and continued. From a four-hour perspective, the bulls are currently running above the upper track. The MACD short energy has weakened but has not completely idled. There are signs of maintaining shocks. The market outlook can continue to maintain low and long thinking!
The weekend market is really boring. Make a short-term fast in and fast out What are everyone doing? Let’s have fun together🌹 #BTC #ETH #BinanceTournament
The market is about to explode, how will the market outlook develop?
Today's white market fluctuations are not very large, and the overall market fluctuates around the 29100-29300 range. Gouzhuang seems to be brewing a big market trend. The less volatile it is, the more patient it is.
In the morning, I told everyone about the idea of lower longs, and the market has arrived as expected. The second pie entered the market at 1885 yesterday and has successfully won 30 points of space. The big pie entered the market at 29,500 and also gained 400 points of space. The overall profit is still considerable. Yes, King Caesar's operating philosophy is to be fast, accurate and ruthless, never sloppy!
Judging from the overall 4-hour trend, the market is in the range of washing the market and building positions, and has not left the box consolidation range. However, as time goes by, the market has reached the triangular narrow range, and there is not much time left. We must seize the opportunity given to us to enter the market, as it will explode at any time!