It's Saturday. Health is the capital of battle. Opportunities are always available, but they are reserved for those who are prepared. After intense workdays, one should also take proper rest.



Market Review: Yesterday, the US stock market was closed. During the day, the market fluctuated within the range of 61,200-62,000, then gradually increased in bullish volume, stabilizing above 62,000. In the early morning, it rose to around 62,900. Overall, it has been rising in a wedge pattern. The bullish momentum rose from around 1,693 to near 1,775.

The following is purely personal market observation, a technical exchange, and does not constitute any investment advice:

Macro News: This week's forward-looking data includes the ADP Non-Farm Employment Change and Fed Chair Powell's speech, along with the Non-Farm Payroll report. Overall, the market's expectations for a Fed rate hike have decreased, and the probability of a rate cut has increased. Additionally, the situation in the peripheral regions has temporarily eased compared to before, partially benefiting the market.

Market Data: Currently, the daily bullish momentum is increasing, forming three consecutive bullish candlesticks approaching the middle Bollinger Band. The four-hour @线上行 bullish momentum is diverging and rising while shrinking on lower timeframes. The hourly chart shows a wedge pattern rise.

Key resistance levels to watch: 63,000-63,600 area. Strong resistance: 64,300-65,300 area. Key support levels below: focus on fluctuations in the 62,700-61,700 range.

Key support levels: 62,200-61,700. If broken, watch the 60,700-60,200 range.

For Ethereum: Resistance above: 1,780-1,800-1,830 area. Support below: 1,735-1,710-1,675 area.

The bullish sentiment is stronger than bearish. Focus on whether 63,600 holds; support can be maintained for long positions. Weekend market moves are slower, with higher time cost. Take profits within range-bound fluctuations.

The market is ruthless, but there is love in the world. This content is purely Mr. Zhao's personal study review and market discussion, and does not constitute any investment advice. Before trading, be sure to plan and manage risk, and view market fluctuations rationally. If you have any questions, feel free to ask at any time.

#非农爆冷打压加息预期 #gStocks代币化股票上线 #预测世界杯巴西VS挪威
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