5.28 Thursday midday market analysis


Tonight's US market data is dense, with a focus on the 20:30 core PCE and GDP revision figures, which are key to influencing the subsequent policy pace.
If PCE exceeds expectations, market expectations for interest rate cuts will further cool down, putting short-term pressure on risk assets;
​ If the data falls short of expectations, it will instead strengthen expectations for easing, providing momentum for market recovery.
Tonight's market volatility is likely to amplify; friends without risk control should avoid blindly chasing orders.
For those who want to clarify the rhythm in advance and follow the trades, come directly to me, and let's understand tonight's opportunities together.
The news indicates that the US conflict continues to escalate, and Bitcoin and Ethereum are still plunging; now is also a good time to pick up cheap chips.
BTC trading advice: Enter long at 73,500-72,500, stop loss around 72,000, take profit at 74,000-75,500
ETH trading advice: Enter long around 1,980, add positions at 1,950, stop loss at 1,920, take profit at 2,020-2,100
BTC-4.38%
ETH-0.3%
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned