
The Federal Reserve issued a policy decision on Wednesday local time, after which Chairman Powell spoke directly to media reporters and answered questions. As market observers had expected, the Federal Reserve repeatedly used the word "full of uncertainty" when assessing the US economic outlook, and at the same time deliberately downplayed the effect of vaccination, emphasizing that the relevant situation needs further observation, and its The remarks were thus interpreted by the market as highly dovish.
Even with pretentious gestures and forced "future risks" language to escort loose policy, U.S. bond yields and the U.S. dollar index only fell briefly after the Fed's decision, and in Thursday's Asian session, both It started to bottom out again, showing that the Fed's dovish rhetoric did not reverse the overall general direction of the market. After market investors reinterpreted the economic environment and the Fed's policy outlook, the market's focus has shifted: If the economy continues to be strong in the future, how long can the Fed maintain the current rhetoric? The author Tan Yu Kai pointed out that although the number of Fed officials who are expected to raise interest rates in 2023 at the earliest has not increased much, it has still attracted the attention of the market, because this trend is still in progress, and two more executive members will change According to the position, the number of officials agreeing to accelerate before the end of 2023 will be more than half. In this way, the reduction of asset purchases in 2022 may be a certainty.
Bitcoin (BTC): The daily hammer line closed positive, and the lows continued to rise. The currency price once again stabilized above the two moving averages, and the bullish trend remained. BOLL is in an open state, and the upside space extends upwards with the operation of the market. At the top, focus on the resistance of the $60,000 mark, while at the bottom, attention needs to be paid to the support of MA5/MA10 bonded at $57,800. The short-cycle KDJ technical indicators are running moderately, and the upward movement energy of MACD in the attached picture is shrinking. It is expected that Bitcoin will maintain a high level of adjustment.
Four hours to see Bitcoin present "V""After the currency price broke through the middle track of BOLL, the bulls continued to climb, and fell back under pressure after touching the upper track of BOLL, and are currently adjusting at a high level. BOLL is shrinking, and the moving average MA5/MA10 crosses the golden cross to support at 58,000 and 57,000 US dollars respectively. Above, continue to pay attention to the resistance of BOLL’s upper track at 59,200 US dollars. The short-term KDJ technical indicators are running moderately. Bitcoin is expected to maintain a volatile trend.
Short-term upper resistance level: 59000/60000 Short-term lower support level: 57500/57000
Short-term upper resistance level: 59000/60000 Short-term lower support level: 57500/57000
Ethereum (ETH): Among the benefits, Mr. Tan feels that the most beneficial one is Ethereum. Ethereum has broken through the two key resistances of 1,800/1,830 dollars, and fell back after hitting the highest of 1,850 dollars. It is currently trading at 1,818 dollars. . On the daily line, ether continues to receive positive results, but the bulls are not strong. The overall market is still in the process of adjusting at a high level. However, in the short-term, there are still signs of a downward trend in the rise and fall of Ethereum. In the short-term, focus on the resistance around $1,830. Below, focus on the support of $1,800. The breakthrough of short-term support resistance will also determine the short-term trend. As long as the general trend does not break below the $1,700 mark, Mr. Tan still recommends treating it with a low-multiple trend.
Short-term upper resistance level: 1830/1850 Short-term lower support level: 1800/1780
FIL: The altcoins are also crazy due to the good news above. The craziest rise in the entire market is FIL. The bulls have soared to the line of 96.57 US dollars, and the top is directly pointing to the 100 US dollar mark. This kind of rise is completely beyond talk The teacher's expectation is that currently affected by the retracement of mainstream currencies, FIL has fallen back to adjust around $84. In the short term, there is still a risk of a callback. When you are bullish, it is not recommended to chase more. After a big rise, there must be a callback. If it falls below $50, you can boldly buy and hold it.