The Federal Reserve's release of a hawkish signal of 'only two rate cuts next year' is interpreted by the market as short-term Unfavourable Information, but this impact is usually digested within 24-36 hours. The following is a detailed interpretation of the market and operational suggestions:
BTC, ETH market trend review BTC trend In the early morning, the pullback to the 1-day Boll midline (around 10w) is in line with the prediction. If affected by Unfavourable Information, the lowest possible pullback may occur at this level. Key Levels for the Day: Resistance Level: 102300 Support level: 99200-98800 (the previous Sunday's bottom fishing point, still can be used as a reference for adding positions). ETH trend Last night, it fell below 3828 and retraced to 3660 as expected. Short-term rebound profit-taking points: can refer to the two support points of 3772 and 3742. Operation suggestion: Position management Low long position: control below 15% of account funds, including pending orders. Keep your position light, so you have enough flexibility to adjust your strategy in the face of short-term volatility. Floating Profit Management Floating profit positions need to be set up with hedging and stop-loss measures in a timely manner to prevent floating profits from turning into floating losses in case the target is not achieved due to a pullback. Stop Loss and Position Increase Break through the defensive point: Reduce the position to 10-15% of the margin, and wait for lower prices to replenish and lower the average price. Psychological adjustment of short-term fluctuations: the slight quilt is not in a hurry to stop loss, the bullish trend is not over, and the opportunity for a rebound still exists. Market sentiment observation: Many short positions are still trapped in the range of 90000-78000, and the holders have held for more than 40 days. A short-term pullback will not change the overall trend. Maintaining patience and good position management is still the best strategy at present! #BTC ETH #美联储政策 market strategy
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The Federal Reserve's release of a hawkish signal of 'only two rate cuts next year' is interpreted by the market as short-term Unfavourable Information, but this impact is usually digested within 24-36 hours. The following is a detailed interpretation of the market and operational suggestions:
BTC, ETH market trend review BTC trend
In the early morning, the pullback to the 1-day Boll midline (around 10w) is in line with the prediction. If affected by Unfavourable Information, the lowest possible pullback may occur at this level.
Key Levels for the Day:
Resistance Level: 102300
Support level: 99200-98800 (the previous Sunday's bottom fishing point, still can be used as a reference for adding positions).
ETH trend
Last night, it fell below 3828 and retraced to 3660 as expected.
Short-term rebound profit-taking points: can refer to the two support points of 3772 and 3742.
Operation suggestion: Position management
Low long position: control below 15% of account funds, including pending orders.
Keep your position light, so you have enough flexibility to adjust your strategy in the face of short-term volatility.
Floating Profit Management
Floating profit positions need to be set up with hedging and stop-loss measures in a timely manner to prevent floating profits from turning into floating losses in case the target is not achieved due to a pullback.
Stop Loss and Position Increase
Break through the defensive point: Reduce the position to 10-15% of the margin, and wait for lower prices to replenish and lower the average price.
Psychological adjustment of short-term fluctuations: the slight quilt is not in a hurry to stop loss, the bullish trend is not over, and the opportunity for a rebound still exists.
Market sentiment observation: Many short positions are still trapped in the range of 90000-78000, and the holders have held for more than 40 days. A short-term pullback will not change the overall trend. Maintaining patience and good position management is still the best strategy at present!
#BTC ETH #美联储政策 market strategy