June 18 Thursday Midday Market Analysis


The Federal Reserve decision has been implemented, seemingly no rate hike on the surface but actually very hawkish, Bitcoin immediately dropped 2 points
Interest rates indeed remained steady at 3.75% as expected by the market, but the dot plot directly cooled the market.
Among 18 officials, half predict another rate hike by 2026, with the year-end median rate raised to 3.8%, and inflation expectations also increased to 3.3%, crushing any expectations of rate cuts.
Once the news came out, BTC immediately fell 2%, dropping to a low of 64,300.
Institutions give a range estimate: before the Federal Reserve signals easing, Bitcoin is likely to fluctuate between 60,000 and 67,000.
The overall macro environment is tightening, making it difficult for short-term prices to break out in a strong upward trend. It’s recommended to operate within the range, buying low and selling high, and avoid blindly holding long positions.
BTC trading suggestion: short around 64,500, take profit at 63,500-62,800, stop loss at 65,000
ETH trading suggestion: short around 1,750, take profit at 1,720-1,680, stop loss at 1,780
BTC-2.89%
ETH-3.00%
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