Phyrex
Phyrex|Mar 17, 2025 20:50
I accidentally wrote a story about my elder brother and got too immersed. After finishing it, the US stock market stopped trading and I haven't submitted my homework yet. I always want to submit it early, but it's always very late. The market today is still good. Although the stock index futures did not perform well before the market opened, after entering European time, the stock index futures almost completed a reversal from decline to rise, especially after the release of retail data. The closing trends of the Nasdaq and S&P were both good. Even Bitcoin has almost surpassed $85000. With the rise in prices, investors' emotions have also begun to stir up. From the open contracts of Bitcoin, it can be seen that there has been an upward trend in the open contracts in the past 24 hours. Investors have started to play long and short games again, but now it should be just a small fuss. The real determinant of short-term price trends is still the interest rate meeting on the 20th. The importance of the interest rate meeting has been emphasized for several days now. The main narrative of this meeting is the dot matrix, recession, and balance sheet reduction. Investors around the world may be paying attention to this Federal Reserve interest rate meeting. It is almost impossible to adjust interest rates this time, and no one should have expectations. The key still depends on Powell's speech. Whether it is a reversal or a rebound may not give the final result on the 20th, but it is definitely an opportunity for the short term. As for how to choose, it depends on the friends themselves. Looking back at the data of Bitcoin, although it is already a working day, there are still not many turnover, which may be the result of continuous rise. Many investors have reduced the frequency of turnover. Even short-term investors are not in a hurry to participate in turnover, which may be because the market's expectations for the 20th are good. If it can really meet the market's expectations, there is still a chance to buy at this price and make a profit. The turnover rate is low, just like on weekends, so naturally there is no damage to the support. The dense chip area between $93000 and $98000 is still very intact, and there is no sign of panic. However, although the bottoming out around $83000 is still immature, it has begun to show signs. If it continues to fluctuate for a few more months, it is estimated that the bottoming out will move downwards. Of course, the market may not give such a long time. Let's talk about it after the 20th, as the market sentiment is also concentrated at this time. Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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