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The U.S. Federal Reserve announced its latest Intrerest Rate decision, keeping the target range for the federal funds Intrerest Rate unchanged at 5.25% to 5.50%, in line with market expectations. According to the Fed's FOMC statement, the Fed will slow the pace of balance sheet reduction starting in June, reducing the pace of its holdings of U.S. Treasuries from $60 billion per month to $25 billion, and the pace of reducing its holdings of mortgage-backed securities unchanged at $35 billion per month. Lao Bao, the head of the Federal Reserve, said that he did not have much confidence in whether he would cut interest rates this year, and he did not know whether inflation would fall enough to cut interest rates. In the long run, on the whole, the pump trend has not ended, and after the Whipsaw BTC there will be highs, and there is no sign of the end of the Bull Market Bear Market at present, don't worry! We talked about it before, this wave of market is estimated to be two-stage, and now it is the end of the first paragraph. Although the expectation of interest rate cuts in the United States has been postponed, the financial risks have accumulated very high. The collapse of the First Republic Bank a few days ago is a victim, and there is a high probability that there will be a series of chain reactions in the future, forcing the United States to cut interest rates. Another key factor is the US election, the leaders of the previous elections are trying their best to stimulate the economy and win reputation, this time will not be an exception, when the flood is flooded, it is the beginning of our second market, and the long-awaited alt season will also start there!

Yesterday's big dump also gave a small rebound in the morning, but the strength of the rebound and the shorts did not have much impact on the overall downward trend. The highest Rebound touched the 61065 line, and then the intraday market went all the way down again, the lowest touched the 56537 line, and the overnight market was affected by the news to come out of a Rebound to touch the 59450 line. From the point of view of the daily level, the market has two consecutive big Bearish line, still suppressing the upper track of the previous channel counterpressure, after a week and long time of weak finishing, increase the momentum of further weak correction of the market outlook; the first two days there has been a continuous plummet decline, the current bardo K pattern, there is still a continuation of the probability of correction downward, then it will soon go to test the 55000 mark; today still continue to see the fall adjustment; from the 4-hour level, the current continuous decline, lost the middle track, and MACD presents a death cross pattern, there is a further fall downward momentum in the short term, the lower short has been completely opened, this wave of downward fall is far from over。 In the face of this falling trend, if you want to participate, you can only go directly to the layout with a small reversal

Ethereum linkage Bitcoin trend, out of a small Rebound in the morning after touching the 3029 line began to fall mode, the lowest bottom of the 2815 line, the overall fall did not break through the low point of April pullback, overnight affected by the news surface Rebound to 3014 line pressure fall, currently located near 2960 line operation, short-term channel structure did not appear obvious correction signal, relying on the current hour line to form a channel to do weak correction, below the entity support 2850-2810, below the probability of continuing to test the 2550 mark, above the suppression of 3020-3050, it is recommended to make a single to Rebound high short。
BTC-5,08%
ETH-6,03%
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