BTC fell below the key level of $80,000, reaching a low of 77,424. The decline was mainly attributed to macroeconomic uncertainties, including the escalation of the tariff war, the uncertain prospects of the Fed's interest rate cuts, and market concerns about economic slowdown. Although the Trump administration has previously released policy signals in support of...
BTCUSD price experienced violent fluctuations, falling below the key support of $80,000 during the day, reaching a minimum of $79,933, with a 24-hour drop of more than 7%. It triggered the liquidation of more than 210,000 people, with a liquidation amount of $583 million. Although the Trump administration announced the establishment of a strategic reserve of...
Last Friday, the overall technical aspect of gold did not show a long-short breakthrough trend. Instead, under the influence of the positive non-agricultural employment data, the overall price showed a high-rise fall and suppressed shock pattern. The closing price was near the 2915 mark and reported a suppressed shock cross K. The overall gold price continued the...
Gold opened at 2912 in Asia, and the lowest touched 2909 to start the oscillating upward mode. Structurally, gold is still rebounding near the support below, and bulls are still the main trend at present. Looking back at last week, each retracement adjustment will usher in a new sprint, and the non-agricultural data did not break the operation range we gave last...
Gold's non-agricultural data on Friday was perfect. On Friday, I gave the idea of range oscillation at 2897-2930, and the real market gave the strategy of going long at 2908-2910. I believe that my real market and traders can see that we went long at 2906-10 and made all profits. Gold reached the highest level of 2930 and fell back under pressure. The current...
At present, the market is in a sideways consolidation phase, showing a calm situation before the storm, and traders from all sides are waiting for the end of the cryptocurrency summit. However, it is worth being highly vigilant that there are arbitrage traps carefully laid out by big players in the capital market, just as Warren Buffett said: I am greedy when...
The impact of the data did not allow gold to break through the range, but continued to pull long and short. So continue to be high and low in the range. The support below is 289-2895, and the pressure above is 2930. Only by breaking through and stabilizing 2930 can the upward space be opened. Otherwise, it will continue to fluctuate in the range! If you don’t...
After the release of today's non-agricultural data and combined with international news: The Trump administration is considering intercepting Iranian tankers in key waterways to hit Iran's oil supply chain. U.S. Treasury Secretary Bessant: Iran's oil industry and drone manufacturing capabilities will be shut down, and Iran's access to the global financial system...
The first non-farm report during Trump's tenure showed that US job growth accelerated in February and the unemployment rate rose slightly to 4.1%, but increased uncertainty in trade policy and large-scale layoffs in the US federal government may weaken the resilience of the labor market in the coming months. . . The seasonally adjusted non-farm payrolls in the...
Gold's trend yesterday also caught the market off guard. It traded sideways at a high level in the evening, but retreated sharply in the European session and broke through the previous low point, reaching a minimum of 2890. The market trend formed a bottoming rebound like Wednesday, and then rose again to around 2922, but fell again and continued to retreat to...
More than two dozen cryptocurrency executives, investors and prominent figures will gather tomorrow at the White House Crypto Summit to chart the future direction of the space under Trump. The event will likely serve as a platform to promote a number of executive initiatives related to cryptocurrency, with multiple options under consideration, the exclusive...
International news: The Trump administration is considering intercepting Iranian oil tankers in key waterways to disrupt Iran's oil supply chain, U.S. Treasury Secretary Bessent: Iran’s oil industry and drone manufacturing capabilities will be closed, and Iran’s access to the global financial system will be closed. Oil will take a different turn. David suggests...
BTCUSD successfully led the core members to make profits and successfully obtained 800 points of profit. Traders who are currently confused can communicate with me in real time in my trading center. David will solve every doubt for you from a professional perspective. Tomorrow there will be non-agricultural data and a summit on cryptocurrency, which will bring the...
I have previously informed you that GOLD will fluctuate upward by 10 points before the New York market opens. Traders who follow me have already made a profit. Currently, GOLD is fluctuating in the 2908-2916 range. There is no major news in the short term to affect the price increase or decrease. You can pay attention to the 2930 pressure level. If this pressure...
At present, the gold price fluctuates in the range of 2911-2920. The short-term support can be seen at 2895-2889. If it falls below, it may trigger a correction. The upper resistance point remains unchanged. Pay attention to 2930. After breaking through, it may reach 2950. The daily moving average is arranged in a bullish pattern, but the 4-hour moving average is...
Today's ADP employment data is released, and the big non-agricultural data will be released the day after tomorrow. At the same time, the White House will host the first cryptocurrency summit. With many major news coming, the market is bound to experience violent fluctuations this week. For every trader, it is a game of opportunities and risks: some people may...
Recently, the lowest price of gold has risen from 2832 to 2927 in the past three trading days, forming a big V-shaped pattern on the K-line pattern. The bulls have re-emerged. Today, there is ADP employment data. Keep low and long before the data. If it directly hits a new high, we can continue to chase long. The recent market of gold is quite extreme, with very...
At present, BTCUSD, MACD shows that the bulls are strengthening, but the KDJ indicator is neutral and weak. The phenomenon of volume-price divergence indicates that the market trading activity has declined, and we need to be vigilant about the risk of callback. Bitcoin is currently affected by policy games, institutional trends and technical pressures, and it may...