The Bitcoin trend completely aligns with yesterday's prediction, effortlessly achieved week after week. From the current market perspective, each rebound faces resistance above. Therefore, the operational strategy is very clear: continue to adhere to a bearish outlook.
It is recommended to short Bitcoin in the range of 105400 - 106000, with targets looking towards 104000 and 102000. $BTC #美联储FOMC会议
Eagle Watching Moment! The Fed's Grand Performance Begins 🕺
At 02:00 AM, the Federal Reserve's FOMC is set to unveil major announcements, with fresh interest rate decisions and economic outlook summaries. These two pieces of data are like two heavy bombs, instantly creating waves in the financial markets, possibly rewriting investment directions.
Following closely at 02:30 AM, Fed Chair Powell makes a dazzling appearance to hold a monetary policy press conference. As soon as he speaks, the market trembles; every word could send asset prices on a 'roller coaster' ride. $BTC $ETH #美联储FOMC会议
Bitcoin is showing an overall downward trend, gradually moving lower from its high. Although it found support at 103300 at midnight and rebounded, it is currently fluctuating around 105000.
In the short term, although the downward momentum has weakened, the rebound strength is also limited. A breakout with volume above 106000 is needed for further rebound; otherwise, it may continue to test the support below. It is recommended to engage in high short operations during the day!
Sell Bitcoin on the rebound at 105600-106000, and look for a target around 104200-103200!
The Nasdaq Composite Index opened down 66.84 points on June 17 (Tuesday), a decrease of 0.34%, closing at 19634.38 points; The S&P 500 Index opened down 21.27 points on June 17 (Tuesday), a decrease of 0.35%, closing at 6011.84 points; The Dow Jones Index opened down 138.29 points on June 17 (Tuesday), a decrease of 0.33%, closing at 42376.8 points.$BTC $ETH
Ethereum has been in a downward trend, and the market sentiment is quite sluggish, but don't worry, wait for the evening surge in the US stock market!
The trend has been continuing these days, with a pattern of falling in the afternoon and rising in the evening, and a drop after midnight. A hundred thousand for Bitcoin seems far away, and Ethereum is similarly affected!
It is recommended to buy Ethereum in the range of 2550-2500, with targets of 2650 and 2700, and if it breaks through, continue to look at 2800! $ETH #美联储FOMC会议
In the morning, Bitcoin strongly rose to 108,900. After Trump's speech at five o'clock, the price went down, stopping at 106,000 before a slight recovery. It is advisable to buy on dips in the future. Bitcoin is recommended to buy near 106,000, targeting 1,000, 3,000, and 5,000 points! $BTC
On June 16, the S&P 500 Index opened up 34.03 points, an increase of 0.57%, at 6011.00 points; The Nasdaq Composite Index opened up 186.02 points, an increase of 0.96%, at 19592.85 points; The Dow Jones Index opened up 240.42 points, an increase of 0.57%, at 42438.21 points.