Good evening, brothers!
Although the grass has not yet turned green at the curtain,
It does not affect the frequent visits of a few friends for a small chat.
But in more moments of silence,
Feeding the little cats some snacks and chatting a bit,
Is also a small comfort of solitude.
Sometimes I feel,
The older I get, the lonelier I become,
But a good trader
Needs to learn to enjoy solitude.
……
For a long time, "American exceptionalism" has been an important narrative driving the global macro market. Now, this narrative may be becoming outdated.
On the 3rd, Morgan Stanley global macro strategist Matthew Hornbach and his team pointed out in a recent research report that as growth risks on both sides of the Atlantic become increasingly prominent, "American exceptionalism" is facing greater challenges.
Morgan Stanley noted that since August 2024, although forecasters have continuously raised the growth expectations for the U.S. relative to the Eurozone, this has mainly been achieved by lowering the growth expectations for the Eurozone, and the U.S. growth expectations have not been raised in tandem. This "negative divergence," as analysts say, suggests that "American exceptionalism" may be coming to an end.
BTC: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, and the price trend remains average.
On the daily level, the price has broken below the moving average support, and the price trend is weak.
In summary, the support level is 83700, and the resistance level is 84200.
ETH: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, and the price trend is weak, with a support level of 2090 and a resistance level of 2110.
LTC: The price has broken and continues to stay near the lower band of the Bollinger Bands, and the price trend is weak, with a support level of 100 and a resistance level of 106.
BCH: The price continues to stay below the middle band of the Bollinger Bands, and the price trend is weak, with a support level of 300 and a resistance level of 320.
That's all for now, good night!
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