Zhou Yanling: The Federal Reserve's Interest Rate Decision on March 20 is About to be Announced - Today's Latest Market Trend Predictions and Strategies in the Cryptocurrency Space
The interest rate decision will be announced at 2 PM. Yanling still holds the same view: the decision itself is not particularly noteworthy; the key lies in the dot plot and Powell's speech. Since there will definitely be no rate cut in March, the uncertainty revolves around whether the Federal Reserve has raised its inflation expectations for the future. Of course, Yanling is quite certain about this, given the impact of tariffs, so an upward adjustment is reasonable. In the context of rising inflation, will the economy decline? Yesterday, Fitch has already downgraded the U.S. GDP growth for the next 25 years, so the Federal Reserve is likely to face a similar fate.
You can see that the outcome suggests the decision itself will be more dovish, so we need to see if Powell's speech indicates any readiness to adjust interest rates. After all, the impact of tariff issues on inflation will be immediate in the coming months. If Powell cannot balance the economy and inflation well, the result will either be stagflation or recession, both of which the market cannot accept. It is indeed quite challenging; it is tough for Powell, who is over eighty, to face such a troublesome offer, but this hurdle must be overcome no matter what.
Moreover, there are significant divisions within the Federal Reserve. Various officials are singing against Powell for their political ambitions, making it increasingly difficult for him to lead the team. He must go against the tide to maintain a calm mindset and make predictions about the current situation. Therefore, I think there is a high possibility that Powell will be evasive today, essentially blocking both sides, but overall it will be more hawkish. After all, economic issues can be addressed through fiscal measures, and while the inflation problem cannot be resolved simply by pausing rate cuts, it is still better than continuing to stoke the fire.
From a technical perspective, currently on the daily chart, the price has rebounded from the low and broken through previous highs, showing a strong upward trend. The current MACD histogram is in the positive area but shows signs of shortening, indicating weakening momentum. The fast and slow lines are still diverging upwards, indicating an overall bullish outlook. The RSI value is 66.86, close to the overbought zone, which may lead to a short-term pullback, but it remains at a high level, showing a bullish market sentiment. The EMA7, EMA30, and EMA120 moving averages are in a bullish arrangement, and the price continues to operate above the EMA7, indicating that there is still support in the short term. Therefore, short-term operations can continue to focus on buying on pullbacks.
Zhou Yanling's March 20 Bitcoin Trading Strategy:
Buy at 82,500-83,500, stop loss below 81,500, target 86,000-87,000, continue to look for 89,000 nearby.
Sell at 87,000-86,000, stop loss above 88,000, target 84,200-83,500.
Zhou Yanling's March 20 Ethereum Trading Strategy:
Buy at 1,980-2,010, stop loss below 1,940, target 2,130-2,170, continue to look for 2,240 nearby.
Sell at 2,170-2,140, stop loss above 2,210, target 2,040-2,000.
【The above analysis and strategies are for reference only. Please bear the risks yourself. The article's review and publication may have delays, and the strategies may not be timely. Specific operations should follow Yanling's real-time strategies.】
This content is exclusively shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). The author has been engaged in financial market investment research for over ten years, currently mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. For more real-time community guidance, consultation on position recovery, and learning trading skills, you can follow the teacher's public account: Zhou Yanling to find the teacher.
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