Jiahao's Wednesday Thoughts Sharing



3.18 Tonight the Federal Reserve rate cut meeting proceeds as scheduled, with a rate cut probability of only 1.9%. Based on Iran's current situation, no rate cut is essentially a done deal. The Israeli Defense Forces launched massive airstrikes on Iran, with Iran's National Security Secretary and his son both killed, and the Middle East situation escalating once again - multiple bearish factors!

From a technical perspective:
Big pie failed to break through 76000 and has since slid to a low of 73330. Subsequently, it continues to consolidate narrowly between 745-735, displaying a high-level stagnation and weak consolidation pattern. From the chart, the bulls' momentum is currently exhausted, prices are continuously pressured below short-term moving averages, moving averages are turning downward, and the embryonic form of bearish alignment is emerging.

Operationally: Short on any bounce

Big pie: Short near 75000, target 73500, break through and continue lower to 70000

Auntie (ETH): Short near 2350-2380, target 2250, break through and continue lower to 2150

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SOL-3,16%
XRP-2,85%
ETH-3,41%
GT-3,16%
BTC-1,94%
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