This week, the Federal Reserve raised interest rates by 25 basis points for the first time in three years as expected, causing the market to completely reflect previous negative expectations, completing the classic "buy the rumor, sell the news" trend. The panic surrounding the rate hike had already been fully digested in the market before the announcement, with BTC probing down to a low of 74900 to complete the final phase of bearish release, and after the bad news was fully priced in, funds quickly flowed back to buy the dip. The market stopped falling and stabilized, rebounding steadily, with the highest point currently reaching around 77500, and the overall rebound and recovery rhythm is in line with expectations, while the bullish trend is gradually returning.
Recent continuous low-position long orders have been accurately fulfilled, whether it was the low long at 76000, the bottom fishing long at 75000, or the low-position long for ETH laid out near 2370, all have now harvested ample profits and are in a profitable state. All long positions can continue to be held with confidence, looking upward in batches towards targets: BTC targeting the 78500—80000 levels, and ETH looking at the previous high pressure at 2550—2660, patiently holding on and waiting for profits to continue to expand.
On the daily chart, BTC found strong support at the lower band and has stabilized and rebounded, with prices now running above the middle band of the Bollinger Bands. If the daily close can steadily remain above the middle band, the bulls will surely welcome a stronger counter trend, and the rebound space on the daily chart will be fully opened, with a large bullish structure being re-established.
On the 4-hour chart, prices are currently encountering resistance at the upper band during the rebound. The upper Bollinger Band is significantly narrowing and trending downwards, with short-term pressure still existing above. It is important not to chase after a rise blindly at this position, as chasing up can easily lead to a pullback and a washout. It is safer to wait for the support to be confirmed before entering again, as this is the most stable trading rhythm.
On the hourly chart, prices previously rose pushing against the upper Bollinger Band, and the short-term bullish momentum is strong, currently entering a corrective repair phase, showing signs of falling back below the upper band. In terms of indicators, both KDJ and RSI are turning down at high levels, indicating short-term demand for a pullback and consolidation. However, a pullback is not a reversal but an opportunity to enter low long positions. Cherish every pullback; otherwise, the chance for low long positioning will be missed again.
Precise trading strategy for the day
BTC
Core support below: 76500, 75500, participate in low long positions in batches within the pullback support zone
Resistance above during rebound: 77500—79000—80000
ETHAfter a rise to around 2484 in the morning session, pullback occurred; core support below for the day: 2435, 2385, engage in low long positions around the support zone
Resistance above during rebound: 2485—2550—2660
Trading must clearly identify the overall trend; after the rate hike's negative impact has been fully priced in, the market's greatest uncertainty has been eliminated. The support at 75000 has been effectively validated multiple times, with the bullish structure remaining intact. The market is currently in a rebound and repair phase, and short-term pullbacks are just normal consolidation, not signs of weakening trend. Do not be discouraged by short-term corrections, and definitely do not blindly short at low positions. Adhere to the core logic of low long positions; every pullback is an opportunity to enter, patiently holding and waiting for the rebound to continue to develop, managing positioning carefully and setting stop losses to reliably benefit from this round of rebound waves. For more market analysis and real-time guidance, follow the public account: ZhongliangBN
Friendly reminder: The above is only a personal market review analysis and does not constitute any investment advice. Cryptocurrency market fluctuations are severe; it is essential to strictly control positions and set stop losses while trading rationally.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
