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Bitcoin 6.17
Evening News and Trading Strategy
At 2 a.m., the Federal Reserve meeting and Waller's first public speech, basically confirming no rate hike this time.
How the market moves tonight depends entirely on the signals released by his speech, directly affecting the market's upward or downward expectations.
Current Market Situation
Currently, the overall trend is bearish.
Wait until the price reaches around 65,300 to go short.
The large price gap left by previous sharp rises is likely to be revisited and filled.
64,000 is the key dividing line in the current volatile market.
If the price drops to this level, focus on the buying support strength.
1. Dovish tone in speech favors the market
After the price stabilizes at 64,000 and holds, it will rebound.
Stability indicates a long opportunity, with the upper target at 67,500.
2. Hawkish tone in speech is bearish
If the price breaks below 64,000 support directly,
the market will continue to decline, with the next support at 62,000.
Market data is highly volatile, prone to quick spikes and order sweeping.
Always set stop-loss orders when trading.
Never gamble heavily on news.
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