1. Macroeconomic Perspective: Liquidity Expectations Rise Again
The biggest variable in the market yesterday came from a piece of news from the U.S. Treasury Department: the official announcement to double the scale of long-term Treasury bond repurchase operations to $4 billion in order to stabilize the recently rising bond yields.
This move generated two levels of impact in market interpretation:
Interest rate hike expectations have further cooled — in the context of suppressed yields, the market generally believes that the necessity for the Federal Reserve to hike rates in the short term has decreased;
Indirectly releasing liquidity — expanding repurchases is seen as a signal of injecting funds into the market.
After the news broke, the U.S. dollar index experienced a significant drop, and risk assets strengthened in response. The Federal Reserve's meeting minutes released in the evening also sent a dovish signal: the majority of participants support maintaining interest rates, with only a minority leaning towards a rate hike. Overall, the macro liquidity environment presents a temporary favorable outlook for risk assets.
2. ETH: Key Long-term Resistance Level, Avoid Chasing Highs in the Short-term
Yesterday, ETH surged under the influence of macro-positive factors, directly touching the key resistance level of the long-term trend channel at $2265.
From a technical structure perspective, this position is an important watershed for bulls and bears:
Avoid chasing highs in the short term — after a large increase, directly hitting a key resistance often requires a pullback confirmation;
The trend remains unchanged — the large increase yesterday did not change the existing trend direction, and both bulls and bears currently lack obvious entry advantages;
Operational strategy: It is recommended to patiently wait for a pullback adjustment, observe the bullish and bearish statements near the resistance level, and then look for new entry opportunities.
3. SanDisk: False Breakout Followed by Recovery, Low-level Fluctuation Awaits Change
SanDisk's market yesterday saw a false breakout followed by a rapid recovery after dropping to the prior low first target, currently entering a low-level fluctuation trend.
It is worth noting that this round of downward adjustment has not completely ended, so today's operational mindset should focus on defense and waiting:
Main resistance level above: $1711;
Support level at yesterday's low: $1565;
Strategy preference: Wait for a rebound to near the resistance level for high short opportunities, or look for a trend-following short position after breaking below yesterday's low. Specific execution should be combined with real-time market signals.
4. Hynix: Inverted Head and Shoulders Prototype, Direction to be Decided
Hynix is currently still fluctuating within the inverted head and shoulders prototype, and the pattern has not yet completed confirmation.
The key observation point today is at the $1245 mark:
If it rebounds to this position and fails to break upwards while providing a reversal signal, there will be opportunities for high shorts;
Conversely, if it breaks upward effectively, the pattern may receive further confirmation, at which point the trend direction will be reassessed.
At this stage, it is more advisable to observe and wait for direction selection, and not to bet prematurely.
To learn more details and specific operations, see you in the live broadcast room tonight, where we will analyze the market on site and see the logic through real-time K-line visuals.
（
TS: Three apps can be downloaded in the app store, scan the code to add）
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。
