Macro Markets: The Fed's message last night was to stick with tightening until inflation returns to the 2% trajectory. The market generally interprets the market as continuing to maintain tightening, and speculation about policy easing is premature. **Gold) is currently under pressure from 2080 and the US Dollar Index (DXY) remains eyed for key support at 103. The trend of the S&P 500 (SPX500) remains bullish, but the likelihood of a breakout in the peripheral macro market is also increasing. At the same time, the American company USDC has recently tried to distance itself from TRON.
Crypto markets: Bitcoin (BTC) yesterday came to the 389 level, which is the waiting zone for the past week. This position has been a clear point for ** to intervene, while the early session has maintained a clear bullish flag pattern. Ethereum performed strongly, with a maximum gain of 600 points yesterday, and the 382 support level mentioned yesterday was clearly provided to ** investors. For the long orders on the right side of the 382 support, as well as the operation idea of the short orders again from ** to 389, they were mentioned in last night's post. At present, the market is still paying attention to the 389 pressure level of BTC, and in the short term, it is still dominated by the idea of the group.
Today is Saturday and there is not much volatility in the market. The BTC target of 389, which was mentioned earlier, and the view that 385 is the top has been emphasized is not recognized. Keep an eye on BTC's bullish structure, which remains bullish if it is not broken. In the absence of sufficient energy, there is no clear sign of a breakout of the ** upward pattern on the daily chart. The intraday operation still follows the range of 382 to 389 mentioned in the group.
Medium- to long-term thinking: pressure. 8 Support. 26
*： 3.98 Support 382 3.76
Support for Ethereum (ETH) is in 2018, and pressure is at 2110 and 2140. Based on the above analysis, the market is concerned about ETH's current support and pressure ranges, as well as its short-term trend.