Trading is like an airplane! 20250612

CN
1 day ago

Good evening, brothers!

An Indian plane has had an accident,

so tragic.

That's why I've always been averse to planes,

because they are too dangerous.

Actually, when traveling domestically,

if you're not in a hurry, you can choose to take the high-speed train,

our domestic high-speed trains are already very advanced,

and very convenient.

Although the probability of plane accidents is low,

if an accident does happen, the consequences can be severe,

just like in market trading,

some people like contracts,

contracts can be played with,

but you shouldn't go all in on contracts,

because if you win 99 times, losing just once is like a plane crash,

market trading should prioritize stability.

Despite the better-than-expected CPI data for May, the inflation pressures facing the Federal Reserve are far from dissipated—core commodity prices are quietly rising, service sector inflation remains stubborn, and wage growth for the bottom 25% income group has even fallen below pre-pandemic levels. Market expectations for Federal Reserve policy have remained virtually unchanged, which may be the most genuine signal.

The latest data shows that the U.S. Consumer Price Index for May continues its downward trend, marking the first complete month of data since Trump's tariff policy took full effect.

BTC: On the 4-hour level, the price has pulled back to near the lower Bollinger Band, showing a weak price trend, and the short-term market is oversold, so it may be appropriate to buy on dips.

On the daily level, the price continues to stay above the moving averages, and the overall trend remains a sideways market.

In summary, the support level is 107,000, and the resistance level is 107,400.

ETH: On the 4-hour level, the price continues to stay above the middle Bollinger Band, and the price trend remains healthy, with a support level of 2,730 and a resistance level of 2,750.

LTC: The price has fallen below the middle Bollinger Band, showing a weak price trend, and the short-term market is oversold, so it may be appropriate to buy on dips, with a support level of 87 and a resistance level of 90.

BCH: The price continues to stay below the middle Bollinger Band, showing a weak price trend, with a support level of 420 and a resistance level of 440.

That's all for now, good night!

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