Good evening, brothers!
Why do people recently like to listen to EMO songs?
Because the lyrics express things that people usually dare not say.
There’s a saying that goes, "When young, one does not understand the meaning of the song; understanding it means one is already part of the song."
This is especially true for middle-aged people in the crypto space.
People often ask how to make money in the crypto world.
I think the first thing is to avoid internal conflict.
What is internal conflict?
To put it bluntly, it’s the random thoughts of people in the crypto space.
Because you are too eager to make quick money.
This leads to reckless trading.
You feel that if your position is small, the money you make won’t be that much.
This easily exposes your larger risk to Mr. Market, which is extremely dangerous.
Because we ordinary people in the market are waiting for Mr. Market to misprice so we can earn money from him.
In market trading, be a bit Zen, but that doesn’t mean having no strategy.
Only in this way can we remain calm in the game against Mr. Market.
……
The Federal Reserve is about to announce its interest rate decision and economic forecasts. This meeting's focus is not whether to cut rates; the market is holding its breath for a potentially "hawkish" dot plot, which may reshape investors' expectations for the rate cut path in 2025.
According to the schedule, at 2:00 AM Beijing time on June 20 (Thursday), the Federal Reserve will announce its interest rate decision and the updated Summary of Economic Projections (SEP), followed by a press conference with Chairman Powell.
The market consensus is highly consistent with a Reuters survey, expecting the Federal Reserve to keep rates unchanged in the 4.25%-4.50% range. The Reuters survey shows that out of 105 economists, 103 expect rates to remain in the 4.25%-4.5% range, while 2 expect a 25 basis point cut.
BTC: On the 4-hour level, the price continues to stay below the middle of the Bollinger Bands, showing a weak price trend.
On the daily level, the price is suppressed by multiple moving averages, and the price trend remains volatile.
In summary, the support level is 104200, and the resistance level is 104600.
ETH: On the 4-hour level, the price continues to stay below the middle of the Bollinger Bands, showing a weak price trend, with a support level of 2490 and a resistance level of 2510.
LTC: The price continues to stay below the middle of the Bollinger Bands, showing a weak price trend, with a support level of 82 and a resistance level of 86.
BCH: The price continues to stay above the middle of the Bollinger Bands, and the price trend remains healthy, with a support level of 450 and a resistance level of 480.
That’s all for now, good night!
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