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Early this morning, Old Bao maintained interest rates as scheduled, and the rate cut is also temporarily off the table, directly pouring cold water on the market’s rebound. Coupled with the recent increasing tension in geopolitical situations, investors are seeking stability, and all funds are flowing into safe-haven assets like gold. With no one pushing the market, it naturally cannot rise.
From a technical perspective, the overall trend is currently downward. $BTC Bitcoin cannot break through the daily resistance level, short-term gains are weak, and it’s about to hit the support at 88,200. Today’s focus is on whether it can hold this level; if not, it will fall to 87,000. The resistance levels at 90,500 and 90,000 are strong barriers and difficult to break through. $ETH Ethereum is similar; after encountering resistance, it weakens, with short-term resistance at 3,050 and 3,100. If the support at 2,950 cannot hold, it will test the 2,900-2,870 range.
Currently, there is no new capital entering the market, and a weak sideways consolidation is likely. Don’t worry about short-term rises or falls; focus on tonight’s initial jobless claims data, which may trigger new volatility. Staying calm and waiting for clearer signals is more important. #加密市场观察