#数字资产市场动态 $BTC and $ETH can they continue to surge? The recent market trend is quite interesting.



Not long ago, there was a lot of excitement about interest rate cut expectations, but then Trump suddenly changed his stance, abandoning the nomination of a dovish Federal Reserve Chair, which basically shut the window for rate cuts. The market responded with a decline last week, with significant volatility.

This week, the key points to watch are: Trump's new policy speech, the Supreme Court's tariff decision, along with the release of PCE data and the European Central Bank's meeting developments. Each of these news events could create ripples.

From a technical perspective, the daily chart has been falling for four consecutive days, and a death cross on the MACD indicator is emerging, indicating short-term room for a correction. In simple terms, when the rebound reaches a high level, it's a good opportunity to short.

Specifically, Bitcoin is holding at the 96200 level; if it breaks below 94200, then the focus shifts to the 93000 to 91600 range. Ethereum can consider short positions at 3340-3350, with support levels at 3260 to 3200.

Friends already holding positions should follow a conservative approach, and those who haven't entered yet should wait until next week when the market outlook is clearer. Following a clear strategy is the key; random moves will only lead to unnecessary losses.
BTC-0,08%
ETH1,29%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
PancakeFlippavip
· 9h ago
It's the same story again. Trump changes his stance and directly closes the rate cut window, and we retail investors are going to get hit again. Can 96,200 really hold? It feels like it's on the verge of breaking at any time.
View OriginalReply0
AlgoAlchemistvip
· 9h ago
This level at 96200 is probably hard to hold. Once it breaks down, a larger correction may be needed. That will be the real opportunity to get in.
View OriginalReply0
RunWithRugsvip
· 9h ago
It's the same story again. Every time Trump changes his mind, we have to adjust our positions, so annoying.
View OriginalReply0
GateUser-1a2ed0b9vip
· 9h ago
Once this barrier at 94,200 is broken, you have to run. Really, don't wait for the rebound.
View OriginalReply0
ParanoiaKingvip
· 9h ago
The interest rate cut window is closed. We really have to wait this time, don't mess around blindly.
View OriginalReply0
screenshot_gainsvip
· 9h ago
Well, this week I’m probably going to be exhausted by policy news. No rate cuts, and I still have to watch Trump’s mood. Too tiring.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)