The market is waiting for Powell's speech, beware of prices falling again.

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汤米
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1 year ago

Ten years to sharpen a sword, there are reasons for the ups and downs; Bulls and bears do not love war, it is safe to put it in the bag.

Hello everyone, I am Tommy, a crypto economist, a trader rooted in the currency circle, and have been studying Ethereum (ETH) for 6 years. First, let me talk about the three things I don't do in my trading: don't trade when tired, sleepy, or exhausted; don't trade when in a bad mood; don't trade when unable to understand the market trends. (In a bad state, one cannot perform at a normal level, leading to significant errors in market judgment)

Follow K-line Life Tommy WeChat official account: Opportunities are created in segments every day, there is no need to rush, the original intention has never changed. While creating profits, focus on professional risk control, making investments valuable, walking for the long term, not letting down the encounters and trust in the past. Real-time guidance is available 24 hours a day, and you can leave a message if you have any questions, all strategies are open for free, the only designated official account to follow. Do not estimate the market with your own financial resources, and do not let the amount of profit or loss affect your determination! - Tommy

Focus on Powell's speech tonight:

In August last year, Powell made more hawkish remarks than expected at Jackson Hole, causing a severe market turmoil. According to analysis, this is the largest market reaction caused by a Fed chairman's speech in at least 11 years.

Analysts at a US bank also believe that the market may not have been prepared for Powell's hawkish message. They wrote earlier this week that the strong recent US economic data may increase policymakers' concerns about a renewed acceleration in inflation.

On the market; after the 8/18 incident, the market has been oscillating repeatedly in the 1620-1700 range, and there has been no significant change in volume below. The market is clearly in a weak and observant state, and everyone is focusing on Powell's speech tonight. Of course, we also hope to give a relatively clear market direction today. In terms of operation, it is recommended: cautiously observe and wait for the market to give signals before flexibly operating, and for those who are aggressive, they can enter the short position and prepare for small-scale risk control, and the profit-taking space can be appropriately expanded for manual closing.

ETH: Aggressively enter the short position at 1660, take profit at 1580, stop loss at 1710. For cautious traders, wait for the first signal from the market before entering.

BTC: Aggressively enter the short position at 26300 to test whether the support at 25800 below can hold, stop loss at 26700, take profit at 25400. For cautious traders, wait for the market to give signals before getting on board.

As of now, the public strategy for Ethereum has already gained 450 points, which can be publicly verified on the internet. Real-time guidance is the main focus of actual trading data. Join the VIP community to get rid of the trading blind spot and achieve stable wealth growth.

For more details, follow and add the official account.

Mainly targeting spot, futures, BTC/ETH/ETC

Specialized style: K-line trading

Original trading volume tactics.

Short-term wave high and low, medium and long-term trend orders, daily extreme retracement, weekly K-line top prediction, monthly line top prediction

WeChat official account QR code

Friendly reminder: The only WeChat official account at the end of the article is created by the author himself!

Please be cautious in distinguishing between true and false, thank you for reading!

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