Today there are two time points that traders are advised to pay close attention to. The Federal Reserve has taken action again, and market fluctuations are likely inevitable.
Let's start with the event at 9 AM. Powell is going to give a speech. Every time this guy speaks, the market usually reacts. There was a time when he released a relatively gentle signal, and Bitcoin surged by 8 points that day. Will we see another wave today? To be honest, the speed at which Bitcoin and mainstream coins react to policy changes often exceeds expectations.
The congressional hearing at 11 PM is worth watching. Bowman is making an appearance this time; she has always been known for her tough stance. After her remarks last year, Ethereum couldn't hold its key support level. If she softens her tone tonight, it could bring some opportunities for altcoins; but if she continues with a hawkish tone... then everyone should be prepared for a pullback.
Here are a few suggestions on the operational level:
First, set conditional orders in advance before and after important time windows. Market movements can be quick, and manual operations can easily miss the best opportunities.
Secondly, prioritize risk control to the maximum. The variables in policy matters are too great, and during such times, the risk coefficient of heavy positions rises sharply.
Third, real-time information must keep up. Tools like Jin10 Data should be utilized to avoid missing critical news.
Ultimately, the market driven by policy has a characteristic—it will not completely replay history, but the patterns are often similar. At this critical juncture, one either goes with the trend to seize opportunities or maintains a cautious stance by controlling their positions. Stubbornly resisting against the wind is likely to lead to losses.
What do you think of the two speeches today? Feel free to discuss in the comments.
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Today there are two time points that traders are advised to pay close attention to. The Federal Reserve has taken action again, and market fluctuations are likely inevitable.
Let's start with the event at 9 AM. Powell is going to give a speech. Every time this guy speaks, the market usually reacts. There was a time when he released a relatively gentle signal, and Bitcoin surged by 8 points that day. Will we see another wave today? To be honest, the speed at which Bitcoin and mainstream coins react to policy changes often exceeds expectations.
The congressional hearing at 11 PM is worth watching. Bowman is making an appearance this time; she has always been known for her tough stance. After her remarks last year, Ethereum couldn't hold its key support level. If she softens her tone tonight, it could bring some opportunities for altcoins; but if she continues with a hawkish tone... then everyone should be prepared for a pullback.
Here are a few suggestions on the operational level:
First, set conditional orders in advance before and after important time windows. Market movements can be quick, and manual operations can easily miss the best opportunities.
Secondly, prioritize risk control to the maximum. The variables in policy matters are too great, and during such times, the risk coefficient of heavy positions rises sharply.
Third, real-time information must keep up. Tools like Jin10 Data should be utilized to avoid missing critical news.
Ultimately, the market driven by policy has a characteristic—it will not completely replay history, but the patterns are often similar. At this critical juncture, one either goes with the trend to seize opportunities or maintains a cautious stance by controlling their positions. Stubbornly resisting against the wind is likely to lead to losses.
What do you think of the two speeches today? Feel free to discuss in the comments.