Master Discusses Hot Topics:

The Federal Reserve has announced for the third consecutive time that the benchmark interest rate will remain unchanged, which has long been expected. The interest rate statement highlights the rising risks of inflation and unemployment, which is a significant signal. During his speech, Chairman Powell directly criticized the tariff policy.

He firmly stated that the current tariffs are the main culprits behind soaring inflation, economic downturn, and rising unemployment rates. This statement is quite harsh and clearly reflects a hawkish attitude, directly slapping the tariff policy.

Inflation? It's the tariffs! Economic decline? It's the tariffs! Rising unemployment? Still the tariffs! As for interest rate cuts and balance sheet reduction, he stuck to his usual lines, providing no clear expectations, letting the data do the talking. The implication is clear; the dot plot in June is the key focus, and the market will be watching this closely.

On a macro level, Bitcoin serves as a backup for the U.S. in crisis management, with 82.7% of ETF control making it a key target for the Americans. The active depreciation of the dollar has triggered capital outflows for risk aversion.

The decline of altcoins is the first phase, aimed at gaining the initiative through pessimism, addressing U.S. debt and trade deficits. The second phase is expected to see the U.S. lift Bitcoin prices when gold prices are high to attract speculative funds.

Thus, Bitcoin is an important card in their hand, with the trump card being interest rate cuts and money printing, which in extreme cases could even lead to a hot war. The conclusion is to advise caution with altcoins to avoid being left without buyers.

Returning to the market, 99.8k is the last barrier before breaking 100k; the path from 99.8k to 100k is smooth, with basically no strong resistance. After breaking 100k, the next pressure point is 102k. Generally, after breaking 100k, there will be a pullback, and the range of 99.3k to 98.8k needs to hold steady.

If it stabilizes, it will test 102k again, then head straight for 104.6k to 105k. The area around 105k is the upper weekly boundary, and it will turn down once it reaches there. This is also the expectation for next week, with the medium-term target still at 105k.

Master Looks at Trends:

Resistance Level Reference:

First Resistance Level: 100000

Second Resistance Level: 99800

Support Level Reference:

First Support Level: 97800

Second Support Level: 96800

Today's Suggestions:

If the price successfully breaks through the first resistance at 99.8k, a rapid rise may occur in the short term, retesting the 100k mark. At this time, pay attention to price momentum, but do not blindly chase highs.

If the price does not pull back but continues to rise, it is advisable to wait and observe, considering entry only after a price drop. If there is a brief pullback around 99.8k during the day, this could be a good buying point. If the price does not pull back and continues to rise, it is recommended to wait and observe, considering entry only after a price drop for very short-term trades.

If the price falls to the first support at 97.8k, this is a normal short-term adjustment and can be seen as a buying opportunity on dips. During the day, also pay attention to the golden cross signals of the 20-day and 60-day moving averages, indicating that the market is still in a rebound trend, maintaining a bullish outlook.

In the short term, if the price further rebounds to 100k, as an important psychological resistance level, special attention should be paid to changes in trading volume. If trading volume shrinks or there is a volume surge with stagnation, it may be a precursor to a pullback, so avoid chasing high prices to prevent being trapped.

5.8 Master’s Band Trading Plan:

Long Entry Reference: 97800-98800 in batches, Target: 99800-100000

Short Entry Reference: Not currently applicable

This article is exclusively planned and published by Master Chen (WeChat public account: Coin God Master Chen). Master Chen is the same name across the internet. For more real-time investment strategies, solutions, spot trading, short, medium, and long-term contract trading techniques, operational skills, and knowledge about candlesticks, you can join Master Chen for learning and communication. A free experience group for fans has been opened, along with community live broadcasts and other quality experience projects!

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