In the live broadcast of Fuxi Community: FOMC countdown, BTC/ETH decisive battle watershed
Click on the link to enter the meeting: https://meeting.tencent.com/p/9309732027 The current cryptocurrency market is in a typical "eve of major events" mode. As the Federal Reserve's FOMC interest rate decision approaches, Bitcoin maintains a narrow range of volatility in the $76000-77000 range, while Ethereum is consolidating in the $2250-2300 range, both markets showing a wait-and-see trend of shrinking volume. From the perspective of naked K, the price has encountered a clear rejection at key resistance levels and has returned to the support zone below. The market is waiting for the arrival of macro direction catalysts to confirm the direction of the next stage of operation. Main resistance: $77150, if the daily closing stabilizes above this level, it may trigger a rebound repair towards $77500. Strong support: Below $75500, approximately 298560 BTC have accumulated purchases in this area, forming a multi factor convergence with the lower edge of the upward channel of the 20 day moving average and 100 day moving average. If it falls below, the next target is $74000; If $73000 is lost, the daily upward trend structure will face substantial damage. From the K-line perspective, since mid March, the price has repeatedly tested the resistance zone of $2350-2400 and ended up falling back after being blocked by a long upper shadow line. Recently, the bearish momentum of MACD in the hourly chart has increased, indicating that bearish forces still firmly control the market and sellers have not yet softened, as the negative line has been swallowed up continuously from the $2350 line and has fallen to around $2256. Main resistance: $2330-2350 range, with multiple factors suppressing the 21 cycle moving average and EMA50. If the volume exceeds $2400 and the daily closing is stable, it may open up space for exploration towards $2500-2550. 2220 US dollars. If it is clearly below, the next target is $2180, with deeper important support around $2120. The long-term value area is still concentrated in the early accumulation zone of $1980-2277. Tencent Meeting Number: 930 973 2027 Join the Fuxi Community and enjoy a variety of service offerings 1. Daily morning market analysis to confirm the direction of intraday trading. 2. Join the member group to enjoy live streaming with orders in the evening; Fixed weekly technical course content. 3. Answer market and order evasion questions at any time within the group, and develop solutions to resolve them. 4. "Price Behavior Trading", "Breakthrough ABC Trading Law", "Four Line Battle Method" 5. Combining candlesticks with indicators for multi period resonant trading. 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.
