The King discusses the economic blueprint, directly eliminating non-farm payroll data as a bearish factor and pushing the market higher! 1.14 Bitcoin Auntie's Strategy
On Tuesday, the King delivered an economic speech in Michigan, a key swing state, citing the latest inflation and growth data, claiming that his policies have successfully avoided stagflation and achieved "super-high-speed growth." He announced a series of policies aimed at reducing housing, medical, and energy costs, and once again targeted Federal Reserve Chair Powell. CPI data was close to expectations, and the probability of a rate cut in January is basically gone. US stocks opened lower and continued to decline, but the price of cryptocurrencies surged immediately after the King discussed the economic blueprint! Yesterday's short-selling strategy was regrettably stopped out!
The daily chart shows Bitcoin Auntie breaking above the Bollinger upper band, with the KDJ lines forming a golden cross, and the lower band still slightly closing in. Although the King’s speech forcibly pushed the market higher, US stocks remained unmoved, so in the short term, Conan still favors a bearish outlook, directly short around the highs!
1.14 Short Entry Strategy:
Bitcoin at current price 95300-95800, short with a stop around 96500, targets at 95000-94500-94000, and if broken, look at 93500-93000-92500-92000. Continue to move stop-loss accordingly based on market situation!
Ethereum at current price 3330-3380, short with a stop around 3450, targets at 3300-3250-3200, and if broken, look at 3150-3100. Continue to move stop-loss accordingly based on market situation!
1.14 Long Entry Strategy:
Bitcoin retracing to 91000-91500, go long with one contract, stop around 90000, targets at 92000-92500-93000, and if broken, look at 93500-94000.
Ethereum retracing to 3060-3100, go long with a stop around 3020, targets at 3150-3170-3200, and if broken, look at 3250-3270.
The King is forcibly pushing the market higher. Major institutions trust the King too much, but US stocks are unmoved. Plus, recent tough measures by the US are very likely to be targeted. Everyone should be cautious about chasing the rally. Today, focus on the final ruling by the US Supreme Court on the legality of the King’s tariffs! #Gate储备金报告
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Reward
like
1
Repost
Share
Comment
0/400
ConanTrendIsKing
· 10h ago
King Trump is forcibly pushing the market up. Major institutions trust King Trump too much, but the US stocks are unmoved. Coupled with the recent tough measures by the US side, they are very likely to be targeted. Everyone, be cautious when chasing the rally. Today, focus on the Supreme Court's final ruling on the legality of Trump's tariffs!
The King discusses the economic blueprint, directly eliminating non-farm payroll data as a bearish factor and pushing the market higher! 1.14 Bitcoin Auntie's Strategy
On Tuesday, the King delivered an economic speech in Michigan, a key swing state, citing the latest inflation and growth data, claiming that his policies have successfully avoided stagflation and achieved "super-high-speed growth." He announced a series of policies aimed at reducing housing, medical, and energy costs, and once again targeted Federal Reserve Chair Powell. CPI data was close to expectations, and the probability of a rate cut in January is basically gone. US stocks opened lower and continued to decline, but the price of cryptocurrencies surged immediately after the King discussed the economic blueprint! Yesterday's short-selling strategy was regrettably stopped out!
The daily chart shows Bitcoin Auntie breaking above the Bollinger upper band, with the KDJ lines forming a golden cross, and the lower band still slightly closing in. Although the King’s speech forcibly pushed the market higher, US stocks remained unmoved, so in the short term, Conan still favors a bearish outlook, directly short around the highs!
1.14 Short Entry Strategy:
Bitcoin at current price 95300-95800, short with a stop around 96500, targets at 95000-94500-94000, and if broken, look at 93500-93000-92500-92000. Continue to move stop-loss accordingly based on market situation!
Ethereum at current price 3330-3380, short with a stop around 3450, targets at 3300-3250-3200, and if broken, look at 3150-3100. Continue to move stop-loss accordingly based on market situation!
1.14 Long Entry Strategy:
Bitcoin retracing to 91000-91500, go long with one contract, stop around 90000, targets at 92000-92500-93000, and if broken, look at 93500-94000.
Ethereum retracing to 3060-3100, go long with a stop around 3020, targets at 3150-3170-3200, and if broken, look at 3250-3270.
The King is forcibly pushing the market higher. Major institutions trust the King too much, but US stocks are unmoved. Plus, recent tough measures by the US are very likely to be targeted. Everyone should be cautious about chasing the rally. Today, focus on the final ruling by the US Supreme Court on the legality of the King’s tariffs! #Gate储备金报告