Wosh is about to face his first major test—short positions are once again raking in gains! 5.14 Big Pie & Ether Auntie’s Thoughts

Wosh’s first major test will come in June. The interest-rate expectations (dot plot) released by the Federal Open Market Committee meeting on June 16–17 will clearly signal his policy inclination to the “yellow-haired guy” and to global markets. As the Fed chairman personally selected by the yellow-haired guy, he could simply choose to abstain—this would allow him to conceal his true stance in the early days of his tenure. After all, the yellow-haired guy has already made it clear that he wants to lower borrowing costs. Will he clearly signal his intentions to us? We’ll have to wait and see! Yesterday, the short positions once again “ate meat.” Friends who followed—hit the like/triple support with one click!

Technically, the daily chart for Big Pie & Ether shows three consecutive bearish candles, and this morning still has a longer upper wick. Although Ethereum’s drop is currently being capped by the 60-day moving average, Big Pie’s decline has already broken the upward channel. On top of that, the indicators remain overall bearish, so the operation still keeps the same rebound-selling approach!

## 5.14 Short Position Ideas

Big Pie current price 79,600-80k: continue short; add at 81,000-81,500; defense near 82,000. Targets: around 79,000-78,500-78,000. If it breaks through, look toward around 77,500-77,000. Continue moving the stop-loss—take profit based on the situation!

Ethereum current price 2,270-2,300: continue short; add at 2,330-2,370; defense near 2,400. Targets: around 2,230-2,200. If it breaks through, look toward around 2,170-2,150. Continue moving the stop-loss—take profit based on the situation!

## 5.14 Long Position Ideas

Big Pie: on a pullback to 76,500-77,000, buy one lot; defense near 76,000. Targets: around 78,000-78,500-79,000. If it breaks through, look toward around 79,500-80k.

Ethereum: on a pullback to 2,130-2,150, buy one lot; defense near 2,100. Targets: around 2,200-2,250-2,280. If it breaks through, look toward around 2,300-2,330-2,350.

Started shorting from last week’s high, and for the past few days there has been a clearly defined short strategy. The overall price action matches expectations very well—hitting targets precisely every day. If you followed, you could easily “eat meat” and flip your position. Currently, the Middle East situation is still tense—wait for big positive news before laying out the medium- to long-term! #美国4月PPI同比暴涨6%