Tonight, the focus is on the news, and Powell's speech is the key variable. If it leans hawkish, the market is likely to experience another dip, and sentiment will be suppressed.
From the market perspective, the upper range of 68,000-68,800 is a strong resistance area. Only if it breaks above 68,800 with increased volume can we consider the trend to be truly strong, providing an opportunity to test 70,000. The lower range of 65,000-65,600 is the lifeline for the bulls. Once it breaks below 65,000, the structure weakens, and it is very likely to retrace towards 62,000.
On the 4-hour chart, a lower low has already appeared, with increased volume, but the momentum indicators have not yet given a clear reversal signal, indicating a tendency towards oscillation and speculation.
In terms of action, if it stabilizes near 65,500-66,000, one can consider light long positions, with a stop loss set below 64,800, targeting first 67,500, then 68,500. 点击免费加入乐宝策略聊天室