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$BTC $ETH Last night's Fed meeting did not produce the expected market movement. The general content was that there will be no interest rate hike or cut in the near term, but there are differences on whether to cut next time.
Early this morning, Trump spoke again, saying that the action against Iran has been temporarily canceled. It must be said that he is indeed a two-faced person!
Regarding the US stock market last night, the Nasdaq was in a sluggish downward trend in the first half of the night. After the second half, after the Nasdaq oversold, it took a rebound route, driving Bitcoin to rise synchronously from low levels!
Today's operation: first treat as a range trade. Open short at resistance, open long at support. Buy low and sell high!
Bitcoin long near 62000-61500, target 62800-63300.
Ethereum long near 1735-1710, target 1760-1780.
In the early hours, Trump spoke again, and the action against Iran was temporarily canceled regarding actions against Iran. It has to be said—he really is a two-faced person!
As for last night’s U.S. stocks, the Nasdaq stayed in a sluggish downtrend for the first half of the night. After the second half, following an oversold rebound, the Nasdaq also took a recovery path, which in turn pushed Bitcoin up from low levels in sync!
For today’s trading: handle it as a range first. If it meets resistance, go short; if it meets support, go long; buy low and sell high!
Bitcoin: long near 62000-61500, look for 62800-63300
Ethereum: long near 1735-1710, look for 1760-1780