From the announcement of the Fed's decision to Powell's speech, the three major U.S. stock indexes turned to decline, non-U.S. currencies turned to decline, and the cryptocurrency market also turned to decline, completely erasing the gains since the interest rate decision. The U.S. dollar weakened and then rebounded strongly. The 2Y yield of U.S. Treasury bonds once fell by 11BP before rebounding.

Bitcoin and Ethereum rose slightly and then fell back, but the strength was also limited, which shows that the competition between long and short positions is fierce. We need to let the market calm down tomorrow and the day after tomorrow before we can see.

The short-term is expected to be volatile, and the medium and long-term should be bullish. In terms of operation, the market fluctuates quickly, and operations are based on pressure support or trend lines. 618-615, 2370-2390 pressure above, 590-585, 2270-2280 support below! #比特币 #以太坊 #BTC #ETH #解套