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March 24, Tuesday Midday Market Analysis
Don't listen to what Trump says, watch what he does!
The US can't possibly let Iran's nuclear issue slide. The US Army is still sending reinforcements. These two things guarantee that the Middle East won't settle down in the short term.
The yellow-haired one is drawing lines excessively. In just a few days, he'll have to change his tune again. The geopolitical powder keg is simmering with smoke.
The 4-hour chart surged and fell back. Moving averages are suppressing. Rebounds lack volume. Bearish arrangement is intact.
Main institutions have had continuous net outflows for several days. The small amount of reflux this morning isn't even enough to pick teeth with.
US Treasury yields are pressing down. Rate cut expectations are being pushed back, and the probability of rate hikes is surging rapidly.
Tonight at 20:30 PCE data release. Any rebound before the data is just giving away money. If the data comes in hotter than expected after the release, we'll take another hit.
US-Iran Strait warfare. Iran directly denies any connection. 5-day countdown in the window period—if it comes to war, it comes to war. Oil prices won't fall. Gold and crypto will continue moving down!
BTC Trading Suggestion: Short around 71,000, stop loss at 71,800, take profit at 70,000-68,500
ETH Trading Suggestion: Short at 2,150-2,180, stop loss at 2,220, take profit at 2,100-2,030$BTC $ETH $SOL