The battle between bulls and bears at the 100,000 mark for Bitcoin has intensified! Ethereum has rebounded strongly by 200 points, and the expectation of a Federal Reserve interest rate cut has become the key to breaking the deadlock.

CN
6 hours ago

Good morning, crypto friends! I am Wang Yibo! A new trading day has begun. In the ever-changing crypto world, every fluctuation hides opportunities. Let us delve into the market dynamics together and explore the best trading opportunities!

==================================

【1. Divergence in US Stock Market Close, Fed Expectations Suppress Market】

==================================

On Monday, the US stock market closed with a clear divergence among the three major indices. The Dow Jones Industrial Average closed up 0.32%, while the S&P 500 and Nasdaq indices saw increases of only 0.09% and 0.02%, respectively, reflecting minimal fluctuations. The decline of heavyweight stocks like Tesla and Apple acted like a boulder thrown into a calm lake, disrupting the market's upward momentum and dragging down overall performance. In contrast, individual stocks like Novavax Pharmaceuticals rose against the trend, vividly showcasing the fierce rotation of funds between sectors. The Nasdaq Golden Dragon China Index even closed down 0.17%, with NIO plunging 12% and Bilibili dropping nearly 5%, while Zai Lab surged over 6%, highlighting the stark contrast within Chinese concept stocks and the complexity and variability of market investment sentiment.

From the perspective of market expectations, the CME "Fed Watch" data is undoubtedly the current market's "weather vane." The data shows that the market predominantly expects the Fed to maintain interest rates in June and July, with very limited expectations for rate cuts. This expectation acts like a "shackle," firmly suppressing both the US stock and crypto markets. It is important to note that the direction of the Fed's monetary policy is like a "valve" controlling the flow of market funds. Under expectations of monetary tightening, the upward space for asset prices is severely constrained; however, once the Fed signals easing, a massive influx of funds will pour into the market like a flood, providing continuous momentum for asset price surges. Historically, bull markets often accompany periods of monetary easing.

==================================

【2. Crypto Market "Roller Coaster," Linked to US Stock Market Fluctuations】

==================================

The crypto market also staged a thrilling "roller coaster" on Monday, with a V-shaped reversal and explosive short selling, closely linked to the movements of the US stock market. In the short term, due to the unclear signals from the Fed, Bitcoin and the US stock market are likely to continue oscillating at high levels. Market participants are like ships navigating through fog, anxiously awaiting clearer signals for upward movement. Both bulls and bears are engaged in fierce "battles" at key levels, with neither side yielding.

However, looking at the long term, this year has seen a historic high in global M2 money supply, undoubtedly planting a "seed of increase" for the crypto market. As the money supply continues to grow, a large amount of capital urgently needs to find new investment "fertile ground." As an emerging asset class, cryptocurrencies, with their high return potential, are expected to attract a flood of capital seeking high returns, thus injecting strong momentum for price increases.

==================================

【3. Bitcoin Tug-of-War, Uncertain Trends】

==================================

On Monday, the Bitcoin market was a "battlefield" for bulls and bears, with extreme volatility perfectly illustrating the coexistence of high risk and high reward in the cryptocurrency market. In the morning, the bulls surged, quickly pushing the price to a high of 107074, spreading optimistic sentiment throughout the market, with a large influx of bullish capital. However, this good fortune did not last long; the upward trend could not be sustained, and the price quickly reversed, entering a downward adjustment phase, with the price dipping to a low of 102008 in the afternoon. This pullback was likely due to a large number of profit-taking positions accumulated during the previous rapid rise, as many investors chose to cash in and secure their gains, allowing the bears to gain the upper hand in the short term.

However, it is worth noting that after the price touched the 102008 level, the bulls quickly organized a "counterattack," beginning the journey to reclaim lost ground. In the evening, Bitcoin rebounded strongly, reaching a high of 105768. Behind this may be a group of steadfast bullish "die-hard fans" in the market, who firmly believe that the current price holds significant investment value and are buying on dips to push the price back up; it could also be due to subtle changes in the macroeconomic environment or sudden positive news that reignited investors' enthusiasm for buying. Overall, the significant volatility in the Bitcoin market reveals a huge divergence among market participants regarding its future trends. In the short term, Bitcoin's price movements remain shrouded in uncertainty, and close attention must be paid to market news, capital flows, and breakthroughs at key support and resistance levels to clear the fog and see the direction of market development.

==================================

【4. Ethereum Strong Rebound, Demonstrating Resilience】

==================================

The Ethereum market closely mirrored Bitcoin's movements, experiencing a day of ups and downs. In the morning, Ethereum bulls took the initiative, quickly pushing the price up to a high of 2512, but encountered fierce resistance from bears at the upper pressure level, leading to a pullback for consolidation. The price continued to dip to a low of 2345 before halting its decline. Notably, at this level, Ethereum tested the bottom twice, both times being quickly pulled back by the bulls, which not only highlights the strong support at this price level but also reflects the high recognition of the current price by bullish capital in the market.

In terms of rebound performance, Ethereum was "impressive," surging to a high of 2546, with a rebound space of about 200 points, which was more aggressive compared to Bitcoin. This strong rebound is attributed, on one hand, to the sufficient technical adjustments Ethereum underwent earlier, successfully attracting a large influx of bottom-fishing capital after receiving effective support at key support levels; on the other hand, the market's positive expectations for Ethereum's ecological development, such as upcoming major upgrades or new applications, have greatly boosted investors' confidence in buying. Although the Ethereum market saw intense battles between bulls and bears on Monday, the strong rebound after the second bottom test is enough to prove that the bullish strength should not be underestimated. However, given the high volatility and uncertainty of the cryptocurrency market, close attention must be paid to the macroeconomic situation, changes in industry policies, and Ethereum's own technological progress and ecological development dynamics, as these will be key factors influencing its price movements.

==================================

💎

💎

==================================

If you are feeling lost—unable to understand technology, unsure how to read charts, not knowing when to enter the market, unable to set stop losses, not understanding take profits, randomly increasing positions, getting stuck while bottom-fishing, unable to hold onto profits, missing market opportunities… these are common issues for retail investors. But don't worry, I can help you establish the correct trading mindset. A single profitable trade speaks louder than a thousand words, and finding the right direction is better than repeatedly facing defeats. Instead of frequent operations, it is better to strike precisely, making each trade more valuable. If you need real-time guidance, you can scan the QR code below the article to follow my public account. The market changes rapidly, and due to the timeliness of reviews, subsequent trends will be based on real-time layouts. I look forward to steadily moving forward in the market with you.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

注册返10%、领$600,前100名赠送PRO会员
链接:https://accounts.suitechsui.blue/zh-CN/register?ref=FRV6ZPAF&return_to=aHR0cHM6Ly93d3cuc3VpdGVjaHN1aS5hY2FkZW15L3poLUNOL2pvaW4_cmVmPUZSVjZaUEFG
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink