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Disk analysis:
1. Federal Reserve officials give hawkish speeches, expectations of interest rate cuts are postponed, and the strengthening of the US dollar is suppressing the market. There is a divergence in funds, with a slight inflow of BTC spot ETF and outflow of ETH spot ETF. Ethereum is resisting the trend and the market lacks incremental funds, and the pattern of stock game remains unchanged.
2. Technically speaking, the weekly line is stabilizing and about to reach the mid track, while the 4-hour daily line rebounds and stabilizes at the upper Bollinger Bands, indicating a strong bullish trend. Strong pressure above 1980-2000, key support below 1880-1910. If the support is lost, a new round of upward space will open up. There are signs of upward expansion in the Bollinger Bands, and bearish risks remain.
At present, there is a multi cycle resonance, and the market is prone to a sharp rise. Do not hold heavy positions and wait for confirmation of a breakthrough by holding light positions.
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3. Practical thinking reference
Multi cycle upward resonance, the difficulty of short-term operations has significantly increased today, and violent fluctuations can come at any time. Heavy trading is strictly prohibited, and it is necessary to operate lightly and follow the trend. Patiently wait for effective breakthrough signals from pressure and support positions before considering entering the market.
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.