BKEXFutures

BKEXFutures

After the announcement of the 50 basis point rate hike last night, the market responded with a decline. The 50 basis point rate hike had been expected. The focus was on the follow-up speech by Powell. After the announcement of the rate hike data, the market started to rally at 3:35 am. Powell made some optimistic remarks during the period, such as a "welcome...

BKEXFutures

The CPI data was better than expected yesterday, dropping from 7.7 to 7.1. As a result, the market saw a more substantial rally. The market's center of gravity is increasing in line with the previous analysis. Everyone continues to remain optimistic. Another event that received much attention yesterday came from a Reuters article. The U.S. intends to prosecute...

BKEXFutures

In 2022, the world experienced an epidemic, war, and sanctions against China and Russia from Europe and the U.S. Many factors have pushed up commodity prices, especially energy. Epidemics and wars have also impacted supply chains, leading to imbalances in supply and demand. On top of that, global central banks release massive amounts of liquidity to rescue the...

BKEXFutures

Markets remained volatile over the weekend. Trading volume also continued to be sluggish. There was a drop this morning. The relatively flat style is consistent with the previous analysis. But the markets will need to be watched closely this week. Tomorrow night's CPI data and the interest rate hike on December 15th are essential. In the long period, the...

BKEXFutures

The market rebounded slightly early this morning. The concern remains about the possibility of a breakout. China has gradually liberalized epidemic control. Almost all financial institutions lend in total, offering many incentives to lending users and businesses. Zhejiang and Guangdong already have government departments going abroad to carry out economic and...

BKEXFutures

The market fell slightly yesterday. US stocks are moving similarly and show signs of bottoming out again. But for now, it's still a shakeout overall. In this market, it's not hard to feel the anti-human side of trading. The current market only makes investors want to quit, but also, this is a freezing and abrasive market, and certainty is the highest. If the...

BKEXFutures

Yesterday the market performance remained flat. The near future or to wait for the Fed policy to land. The most significant recent hot news in the field of artificial intelligence is ChatGPT. Temporarily no tokens, just an artificial intelligence plate rubbed the heat up a wave. The fact is that it is not relevant, and there is no need to pay too much attention to...

BKEXFutures

Yesterday the US stocks opened lower, and the crypto market fell slightly. There is still no need to make any adjustments in strategy. The real difficulty in the follow-on market is not in the analysis but in the execution. For example: for the Bollinger Bands, is it better to go short after reaching the upper rail and long after reaching the lower rail? Or break...

BKEXFutures

The market remained indifferent over the weekend and continued to maintain a pattern of small shocks. Friday's NFP data was significantly better than expected. Instead of a significant decline, there was a slight increase. The data rose at the current stage still positive. So the announcement then appeared to be a rapid decline, except that it did not have a...

BKEXFutures

The market continued to maintain a small oscillation yesterday. In mid-December CPI and the Fed's rate resolution before the announcement, the market has a low probability of greater volatility. The main reason for this judgment is that the current market is heavy with wait-and-see sentiment and a relatively negative atmosphere. New events are needed to stimulate...

BKEXFutures

The Nasdaq jumped 4% with Powell's speech last night. The crypto market also rose collectively. But the overall strength could be stronger. It is still one previous rise away from breaking out of the oscillator range. So there is no need to make a right-side buy operation yet. Another concern is that the recent volume is still on the small side. Although the...

BKEXFutures

As of this morning, the market has seen a rebound. With the recent poor liquidity, the market is prone to large fluctuations for a short period, so the changes on the small cycle have little reference value. The daily level also did not show the iconic positive line that broke out of the late November oscillation range. For now, there is no new basis for...

BKEXFutures

Yesterday the market was once again slightly oscillating. We often find the market suddenly running up or down in a straight line. The volatility suddenly becomes larger and returns to a narrow oscillation. The reason is that the current market has become illiquid. Under the negative atmosphere of the bear market and the crisis of confidence brought by FTX, the...

BKEXFutures

The market generally maintained its oscillation to the upside over the weekend, but there was a dip this morning. The short-term position has dropped back to last week's entry price. Regardless of how to set the stop loss, this part of the position is due to leave the market. This operating rhythm will continue until the First Bullish Wave is officially...

BKEXFutures

Yesterday the market extended the rally. The current market has reached a challenging stage in defining whether it is a rally or a reversal. Put in two months ago, we can still firmly say that time is still early, unlikely to be a reversal, but now there is no absolute certainty. For the judgment of the fundamentals, we still have to continue the judgment of the...

BKEXFutures

The market saw a small rally last night; ETH is technically showing signs of a bigger bottom. BTC is not for now. However, ETH is now more significant than BTC in terms of overall market appeal, and the movement of BTC will significantly affect the overall market cap. But ETH will affect numerous small-cap tokens. For the time being, the direction should be long,...

BKEXFutures

The market fell and shook again yesterday. BTC set new lows. An unexplained statement by Vitalik caused widespread concern. Some people started speculating if USDT, Grayscale, or even ETH were about to go on a tear. qr61.cn This is another characteristic of a bear market, where investors are scared, and the whole market seems direct short. Every piece of...

BKEXFutures

There was a wave of dips in the market over the weekend due to a costless sell-off by the hackers who stole the FTX wallet. 25,000 ETH liquidation dump impacted the market price. The hackers still own more than 200,000 ETH. How significant the impact can be, we do a simple analysis. First, the hacker's funds are too easy to track, so getting out of the CEX is not...