The weekly chart of the big pancake is within a rectangular consolidation range, yet it has not effectively broken through the upper boundary of 94500. The weekly volume is relatively low, and the long upper and lower shadows indicate a divergence between bulls and bears. The upper shadow touched the upper boundary of 94500 before retreating, while the lower shadow found support near the trend line. On the daily chart, yesterday's candlestick formed a long lower shadow, and the middle band of the Bollinger Bands provided support. If today's candle closes with a bullish reversal, it could form a morning star pattern. Current key price levels: 89500/88000; resistance levels: 93500/94800. MACD and RSI show potential for dullness correction. For short-term trading, focus on the 4-hour timeframe and seize opportunities as they arise.
ETH
Analysis
Two major events occurred on Friday. The first was the release of non-farm payroll data. Currently, both good and bad unemployment data are considered positive. An increase in unemployment may raise expectations for a Federal Reserve rate cut, while a decrease suggests the U.S. economy remains optimistic. However, it is highly likely that no rate adjustment will occur in January. Any adjustments after March will largely depend on the博弈 between Trump and the Federal Reserve.
The second, and more important, event is the upcoming Supreme Court ruling on Trump's tariffs. If the court rules that Trump's tariffs are illegal, it would be beneficial for easing U.S. inflation and could support the Federal Reserve's decision to cut rates. However, this would be unfavorable for Trump and his administration, potentially damaging his approval ratings. Consider going long on a pullback to the 3056-3025 range, with a potential target at 3150-3200.