Market analysis and countermeasures of mainstream currencies on

In the early hours of this morning, the minutes of the monetary policy meeting released by the Federal Reserve showed that officials had different opinions on the suspension of interest rate hikes in June, and the market bet on an increase in the probability of interest rate hikes. For now, officials are taking the debt ceiling issue very seriously.

Fed officials "generally agreed" in May that the need for further rate hikes "has become less certain," but others warned that the central bank needed to keep its options open given persistent risks to inflation.

Recently, on the issue of the US debt ceiling negotiations that many investors are concerned about, on May 24 local time, Speaker McCarthy of the US House of Representatives held a press conference to provide the latest news on the debt ceiling negotiations.

U.S. public finances were "slightly weaker than expected." The U.S. remains on track to reach a deal by the end of the month, and while brinkmanship in debt ceiling talks is not uncommon, it does raise the stakes.

To sum up, the probability of debt default is very low, and yesterday's Fed meeting minutes were hawkish, so the dollar rebounded from around 103.4 last night to around 104 currently. Following the rebound of the U.S. dollar, non-U.S. currencies and other risk assets, precious metals and digital currencies fell to varying degrees.

Dabing ETH has also been suppressed with the rise of the US dollar from yesterday to today. Dabing has fallen to around 25900 in the morning, and the low point of ETH has fallen to around 1760. Whether it is the big pie or the current point of ETH is near the support level, Bick thinks it is still necessary to try long orders, with a small stop loss. If the market breaks down forcibly, it will be lost directly. If it is supported, You can look at around 27500 for big pie, and 1880 above ETH. In short, we refer to the support level for long orders, and use small stop losses to make big profits. Don't do it if you think it's risky.

The intraday trading pie currently refers to long orders around 26,000, with a stop loss of 25,300 and a target of 27,500. ETH is currently long near 1760, stop loss 1700, target 1830 (just hold it patiently if you have a position in your hand)

Before the market comes out, any kind of analysis is correct, and there are correct reasons, but any order will not be absolutely accurate and has risks, so the prerequisite for making money must be to do a good job in risk control. The market changes in real time, and the strategic points are only for reference, not as a basis for entry, investment is risky, and you are responsible for your own profits and losses
GannTechnical IndicatorsWave Analysis

Also on:

Disclaimer