At two o'clock in the morning, the Federal Reserve's interest rate decision was announced, did ether fall below 1800? Or pull up 2000?


Fundamental analysis:
 
All eyes are on the FOMC meeting in recent days, and the market generally expects the Fed to raise the benchmark interest rate by 0.25 percentage points. Investors will be watching for any comments from Fed Chairman Jerome Powell on the trajectory of inflation and the health of the labor market, which will determine whether the central bank raises rates again before the end of the year.
 
The CME "FedWatch" tool shows that most investors now expect the Fed's rate hike to be the last of the current rate hike cycle. Regardless, bond investors' strategies are changing, experts say.
 
“Markets are now fully priced in around 25 basis points of hikes and the cycle is coming to an end. In that regard, the volatility will come from the ECB or the BoE, not the Fed. There’s more to come from those central banks. breathing space".
 
Citigroup analyst Stuart Kaiser said options traders expect the S&P 500 to trade in the narrowest range since November 2021 from Monday through the conclusion of the FOMC meeting on Wednesday. As economic data stabilized, it signaled a clearer view of the Fed's decisions.
 
Alessio de Longis abandoned his previous risk-off stance in March in favor of high-yield and emerging-market bonds, while reducing his exposure to safe-haven assets such as government bonds. He also said he was buying small and mid-cap stocks because he didn't think a recession would occur until the second half of 2024 and the Fed would only need one or two more rate hikes.
 
Even for Phil Camporeale, a multi-asset solutions portfolio manager at JPMorgan Asset Management, a recession seems less likely, who is now overweight in equities and opting for longer maturities in bonds. The end of the Fed's rate-hiking cycle will be positive for equity and bond portfolios, which were hit hard last year as the Fed kept raising rates, he said.
  
Technical Analysis:
Recently, the prices of Ethereum and Bitcoin have been relatively sluggish. Most of the reason is that the market expects the Fed to raise interest rates by 25 basis points. The position of the lower support 1828-1780 can be considered. At present, it can be considered to participate in the short order around 1877 within the day.
     
The current currency price in the sky chart is running on the lower track of the Bollinger Bands. Pay attention to the key positions of the two reversals below 1828-1780. In the four-hour level, the KDJ has formed a dead fork downward, and there is a certain room for correction.
At the hourly level, the MACD red energy column is below the zero axis, and the fast and slow lines are above the zero axis in a dead fork downward. From the perspective of the disk, there are signs of continued downward movement. The main support below is at the two positions of 1828 and 1780. The upper pressure is around 1877. Based on the above, I suggest that the intraday operation should be based on high altitude.
 
Ethereum strategy:
Empty order strategy: short-term within the day
Rebound 1877-1890 empty orders enter the market, the target looks at 1828-1780
Multi-single strategy: long-term (can participate in spot)
Step back and enter the market near 1828-1780, and the target looks at 1877-1902-1915-1930-2000-2030 (set the profit target according to the personal position and funds, and move the stop loss after reaching the profit target)
The above strategies are based on first-come, purely Ziya's personal opinion and do not make any investment admission suggestions. #Bitcoin# #Ethereum Square# # Market Analysis#
 
Written by: Biquanziya
      
 
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