The consequences of different endings are being considered in the U.S., as the Federal Reserve's interest rate decision approaches! Thoughts on April 29th Bitcoin Auntie

The conflict between the U.S. and Iran has already caused thousands of deaths. The U.S. is currently assessing the consequences of various possible endings. If Iran unilaterally declares victory and withdraws, how will Iran respond? This assessment is part of a broader analysis, focusing on whether quickly de-escalating the situation can help ease the political pressure currently faced by the White House. Continued conflict could hinder the Republican Party's performance in the midterm elections later this year. Although Trump could choose to escalate military actions again, a rapid cooling-off might also pose another risk, potentially giving Iran more room to act, rebuild nuclear and missile programs, and threaten U.S. regional allies. Tomorrow at 2 a.m., the Federal Reserve's interest rate decision is coming. Powell's last rate announcement on stage—let's wait and see!

The daily Bitcoin Auntie continued to decline this morning, with the Bitcoin retracement blocked at the 20-day moving average. The daily candles all have long lower shadows, clearly showing funds are supporting the market, but the daily indicators are bearish, so the idea of rebounding and shorting remains unchanged!

April 29th Short Entry Strategy

Rebound to 77,200-77,700 for short entry, conservative traders can enter at 78,200-78,700, with a stop near 79,500. Targets are 76,500-76,000-75,500. If broken below, look at 75,000-74,500-74,000-73,600, and continue to move stop-loss accordingly based on market conditions!

Ethereum rebound entry at 2,330-2,370 for short, conservative traders can enter near 2,400, with a stop near 2,450. Targets are 2,300-2,270-2,250. If broken below, look at 2,230-2,200-2,170-2,150, and continue to move stop-loss accordingly based on market conditions!

April 29th Long Entry Strategy

Bitcoin retraced to 73,000-73,500 for a long position, with a stop near 72,500. Targets are 74,500-75,000-75,500. If broken above, look at 76,000-76,500-77,000.

Ethereum retraced to 2,100-2,130 for a long position, with a stop near 2,070. Targets are 2,170-2,200-2,250, and if broken above, look at 2,280-2,300-2,330.

Recently, multiple mentions of a bearish wave—holding onto Bitcoin can easily net three to four thousand points, and Ethereum can also gain dozens of points. Follow along and enjoy the gains! The current decline is not over yet, stay tuned! #加密市场小幅下跌