Analyst Chen Shu: The Federal Reserve's interest rate decision on May 8 is approaching, midnight market analysis / with trading strategies

Market Analysis: Currently, from the trend, Bitcoin has basically ended the day with fluctuations. The overall market is waiting for the Federal Reserve's interest rate decision at 2 AM to guide market direction. Looking at the 4-hour chart, the price is maintaining above the MA5 daily moving average. If there is positive news for the crypto market at night, the short-term price may test the high of 9.95. The prediction for tonight's volatility is likely to surge and then wash down.

Trading Strategies (Published at: 00:00):

BTC: Short at 9.7/9.8, looking at 9.55/9.5; Long at 9.5/9.4, looking at 9.7/9.8 ETH: Short at 1830/1860, looking at 1800/1780; Long at 1800/1780, looking at 1840/1860

The daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below for discussion; I will reply to each one!

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