Good evening, brothers!
A twist of the gas brings fire,
In convenience, we no longer consider such happiness.
Thinking back to the past years, always busy with food,
The aroma and flavor in that slow pace,
Always accumulating the satisfaction brought by food in the past.
The taste of smoke and fire,
Is sometimes the choking stove fire, the sizzling sound of oil in the pot,
Is the aroma wafting from a pot of soup bubbling away…
Ordinary and mundane days are the most stable.
……
Recently, Trump's announcement to significantly increase tariffs on imported goods has brought the term "stagflation" back to the forefront of discussions about the U.S. economy.
On the 4th, Nick Timiraos, known as the "new Federal Reserve correspondent," published an article in The Wall Street Journal expressing concerns about the U.S. economic outlook. He believes that tariffs are pushing the U.S. toward the "stagflation" dilemma of weak economic growth or even stagnation, coupled with rising prices.
Faced with this tricky situation, the Federal Reserve is caught in a dilemma: either choose to raise interest rates to curb inflation, which may further harm the job market; or choose to lower interest rates to stimulate the economy, which may lead to uncontrollable inflation.
BTC: On the 4-hour level, the price is above the middle band of the Bollinger Bands, showing a strong price trend.
On the daily level, the price continues to stay above the moving average support, indicating a healthy price trend.
In summary, support level at 89400, resistance level at 89800.
ETH: On the 4-hour level, the price is above the middle band of the Bollinger Bands, showing a healthy price trend, support level at 2240, resistance level at 2260.
LTC: The price continues to remain below the middle band of the Bollinger Bands, showing an average price trend, support level at 100, resistance level at 110.
BCH: The price is above the upper band of the Bollinger Bands, showing a strong price trend, with short-term market overbought, be cautious about reducing positions and taking profits, support level at 370, resistance level at 390.
That's all for now, good night!
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