After washing the disk, how do you proceed with Bitcoin and Ethereum Saddle's message noodles? Where is the bottom support?
All paths, whether active or passive, were chosen by you. A period of life has only one flavor, and no matter how painful your heart is or how envious you are of others, you immerse yourself in this flavor, or succumb to numbness and sink, and you have no choice but to motivate yourself.There are not just options in life, but thousands of paths, and it is not always the path to Huashan.When the time comes to bear something, you should not dodge responsibility, you should not let habit of complaints take hold easily, and you should not treat frustration as natural.
First, when you look at this message, in the early hours of the 16th, the Fed raised rates by 75 basis points as scheduled, the dollar index reached a 20-year high at 105.80, but the Fed expects the economy to slow in the coming months and the unemployment rate to rise, and the Fed chair dampened expectations for another 75-basis-point rate hike in July, suggesting that if inflation eases, the Fed may not need such aggressive hikes.The published rate decision aligns with market expectations, and bankers are also hinting at a correction wave through the message, which is in line with expectations and represents a consistent approach.After the boot lands, there is a lot of price movement, but the overall force is not very strong, so be as cautious as possible with such cleansing-market maneuvers, as the situation is uncertain and should be observed, and not every wave will participate.Returning to the topic, let's look at today's market analysis.
The market is simple--.
The big coin touched the 20100 level and found support, then began to rebound; after the cleansing of the message, it rose to 23000 as downward pressure abated; after testing the 20700 line, a small rebound began.According to current trends, the big coin has not breached the critical 20000 barrier, which is reasonable since the 2017 bull market peaked near 19800, and since the 2020 bull market began, breaking 20000 has taken time; it is reasonable for commentators to use this price, and since it has not breached 20000 for a while, we won’t say that the bottom support is currently firmly in place; if 20000 is breached later, then ...We will discuss again our personal thoughts on the next major bottom support.The two candles of the daily chart formed a bottom in two strokes, but the rebound force is limited; observing the intraday candlestick close, if the pull continues the market will rebound again, but if a real-body bearish candle appears, the weak tendency will persist.The MACD shows a dead cross and continues to spread downward; the stochastic KDJ is also blocked and turns downward again.On the 4-hour level, the belt tightens and the moving averages squeeze; before the belt opens again, the MACD bottom should cross and turn upward, while the KDJ near the 50 level crosses downward as a caution.Overall the market remains weak, but the daily candles show wicks with limited rebound; if a W-shaped pattern forms on the 4-hour level, pay attention to resistance at the neckline; a short-term range of 22300-22700 is empty, while 20200-19800 has many defensive orders; if decisively broken, 18200 should be used as a reference.Use it as a reference only; entering the market should be done with risk control, securing profits and limiting losses, and specific strategies can be discussed with advisors.
If you want to obtain the best thing in this world, you must first show the best version of yourself to the world.Time is new every day.From today, say goodbye to that flippant, careless, passive, and lazy self, and give yourself more new possibilities.When you face the sunlight, there is no shadow in front of you.With a changed resolve, life will surely give you a new start.The saddest failure is to defeat yourself; the most valuable victory is to overcome yourself.
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